What is the Beta section in the Technical tab?
- Beta is a measure of a stock's volatility in relation to the NIFTY50.A stock that swings more than the market over time has a beta above 1.0. If a stock moves less than the market, the stock's beta is less than 1.0.
- High-beta stocks are supposed to be riskier but provide higher return potential; low-beta stocks pose less risk but also lower returns.