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Manuel, a first-grader, says, "I'm Mexican because my parents came from Mexico." Manuel is displaying the ethnic-identity component of:
Beta
A measure of a stock's volatility in relation to the overall market, where a beta greater than 1 indicates greater volatility than the market.
Portfolio Beta
A measure of the volatility of a portfolio relative to the market as a whole.
Security A
This is not a specific financial term; often "Security A" could refer to a generic or hypothetical security in examples or educational content.
Firm's Beta
A measure of a stock's volatility in relation to the overall 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.
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