Thanks, that helps me understand! So how high can a beta get? I looked at a few different ones, the highest I found was 1.3. ESPI for an example is .3 So the higher, the more it moves basically?
Also I hear people saying that a share price is undervalued about different companies. Which is obviously good for the buyer. But is there some kind of mathematical equation to figuring this out or are they just talking out of their ass?
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