Webster's Online Dictionary
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Specialty Expressions: BETA EQUATION

ExpressionsDomainDefinition
Beta equationFinanceThe beta of a stock is determined as follows:[(n)(sum of (xy))]-[(sum of x)(sum of y)] [(n)(sum of (xx))]-[(sum of x)(sum of x)] where: n = sum of observations (24-60 months) x = rate of return for the S&P 500 Index y = rate of return for the stock. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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