Beta is a statistical measure that compares the volatility of a stock against the volatility of the broader market, which is typically measured by a reference market index. Since the market is the benchmark, the market's beta is always 1. When a stock has a beta greater than 1, it means the stock is expected to increase by more than the market in up markets and decrease more than the market in down markets. Conversely, a stock with a beta lower than 1 is expected to rise less than the market when the market is moving up , but fall less than the market when the market is moving down.
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Apple Security Bounty
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A new company specialized in the importation of avocados has just been founded in Malaga, the province that accounts for most of the production and marketing of this fruit in Spain and Europe. These are interesting times for avocado producers, with consumption expected to continue growing for at least the next ten years. The sale of avocados will be the core business of this new company, which will also market other products, such as mangoes, grapes, pomegranates or limes. In a single month since its creation, this new company has already managed to sell 14 containers from Peru.