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A. Alpha
B. Beta
C. Variance
D. Market relevance

Submitted by: Sajjad Hussain

Beta is a measure of a stock’s volatility in relation to the overall market. It indicates how much a stock’s price is expected to move relative to movements in the market. A beta greater than 1 means the stock is more volatile than the market, while a beta less than 1 means it is less volatile.

Here is a brief explanation of the other options:

A. Alpha: This measures the excess return of an investment relative to the return of a benchmark index. It indicates the performance of a stock or portfolio in excess of the market.

C. Variance: This measures the dispersion of a set of returns for a stock or portfolio. While it indicates the volatility of returns, it is not as commonly used specifically for stock market risk as beta.

D. Market relevance: This term is not a standard financial metric used to measure risk.

Correct Answer: Beta

Last Updated: May 21, 2024