Some Securities Are Considered to Be "Defensive" in That They

question 48

Essay

Some securities are considered to be "defensive" in that they tend to hold their value or increase in value when the majority of securities are losing value, such as during a recession. What could one conclude about the betas of defensive securities?

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Definitions:

Not Criminally Responsible

A legal defense asserting that an individual was unable to appreciate the nature and quality of an act or distinguish right from wrong due to a mental disorder at the time of committing the act.

Mental Disorder

A health condition characterized by alterations in thinking, mood, or behavior associated with distress and/or impaired functioning.

Criminal Trials

Legal proceedings in which a person charged with a crime is tried in a court, judged, and either acquitted or convicted.

Depressive And Bipolar

Refers to mood disorders characterized by varying periods of depression and manic or hypomanic episodes, affecting mood, energy, and activity levels.