Buy as Per Beta Stock Value to Make Money
Beta is a simple tool which helps us identify the risk associated with a stock and we are presenting below a set of do’s and don'ts to select stocks as per beta value. Beta can be defined as a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole.
DON’T
- Buy high beta stocks
- Buy shares of fundamentally weak companies
- Buy mid-cap or small-caps in a sector
DO
- Buy low-beta stocks
- Buy large-caps in a sector
- Buy contra calls
One can check out the beta stock here to find the correct beta stock analysis for any stock listed at NSE or BSE.