The <Beta> Element
Description
Beta measures the sensitivity of the price of a particular asset
to changes in the market as a whole. If a fund portfolio or security
has a beta of 0.8, it implies that on average the share price will
change by 0.8% if there is a 1% change in the market.
<Beta
period =
string
type =
string
date =
datetime />
Attributes
| Attribute name | Data type | Description |
|---|
| period | string |
The period for the beta value:
| 3-year | |
Three year beta value.
| | 5-year | |
Five year beta value.
|
|
| type | string |
Calculation range:
| day | |
Calculated on a day basis.
| | month | |
Calculated on a month basis.
|
|
| date | datetime |
The date for the value.
It is possible that the date is present, but the value isn't.
In that case the beta value cannot be calculated for this date.
|
Number of occurences
Unlimited
Occurs within
<Statistics>Can contain
None (element is closed).
See also
<Alpha> |
<RSquared>