Beta is a measure of individual stock risk or volatility to the overall risk of the stock market. Increased volatility of stock means more risk to the investors. If a stock's beta is less than 1.0, then they expect less volatility, lower risk, and lower overall returns.
Beta is a measure of individual stock risk or volatility to the overall risk of the stock market. Increased volatility of stock means more risk to the investors. If a stock's beta is less th…