Episode Synopsis "All About a Stock's Beta"
A stock's beta why it doesn't work. When a hypothesis and its outcome differ, the hypothesis' validity should be questioned and a determination of why the observations didn't match the hypothesis...brings understanding. There is a plethora of papers stating that beta provides a poor indicator of a stock's risk, yet none we have found explain why; this podcast attempts to do so.
Listen "All About a Stock's Beta"
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- All About a Stock's Beta