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Related to Betacam: Digital Betacam, DVCAM, DIGIBETA


The measure of an asset's risk in relation to the market (for example, the S&P500) or to an alternative benchmark or factors. Roughly speaking, a security with a beta of 1.5, will have move, on average, 1.5 times the market return. [More precisely, that stock's excess return (over and above a short-term money market rate) is expected to move 1.5 times the market excess return).] According to asset pricing theory, beta represents the type of risk, systematic risk, that cannot be diversified away. When using beta, there are a number of issues that you need to be aware of: (1) betas may change through time; (2) betas may be different depending on the direction of the market (i.e. betas may be greater for down moves in the market rather than up moves); (3) the estimated beta will be biased if the security does not frequently trade; (4) the beta is not necessarily a complete measure of risk (you may need multiple betas). Also, note that the beta is a measure of co-movement, not volatility. It is possible for a security to have a zero beta and higher volatility than the market.


A measure of a security's or portfolio's volatility. A beta of 1 means that the security or portfolio is neither more nor less volatile or risky than the wider market. A beta of more than 1 indicates greater volatility and a beta of less than 1 indicates less. Beta is an important component of the Capital Asset Pricing Model, which attempts to use volatility and risk to estimate expected returns.


A mathematical measure of the sensitivity of rates of return on a portfolio or a given stock compared with rates of return on the market as a whole. A high beta (greater than 1.0) indicates moderate or high price volatility. A beta of 1.5 forecasts a 1.5% change in the return on an asset for every 1% change in the return on the market. High-beta stocks are best to own in a strong bull market but are worst to own in a bear market. See also alpha, capital-asset pricing model, characteristic line, portfolio beta.


Beta is a measure of an investment's relative volatility. The higher the beta, the more sharply the value of the investment can be expected to fluctuate in relation to a market index.

For example, Standard & Poor's 500 Index (S&P 500) has a beta coefficient (or base) of 1. That means if the S&P 500 moves 2% in either direction, a stock with a beta of 1 would also move 2%.

Under the same market conditions, however, a stock with a beta of 1.5 would move 3% (2% increase x 1.5 beta = 0.03, or 3%). But a stock with a beta lower than 1 would be expected to be more stable in price and move less. Betas as low as 0.5 and as high as 4 are fairly common, depending on the sector and size of the company.

However, in recent years, there has been a lively debate about the validity of assigning and using a beta value as an accurate predictor of stock performance.

References in periodicals archive ?
5) Peter Ward, Basic Betacam Camerawork, Focal Press, London, 3rd edition 2000, p.
a) The supply of equipment for the preparation, cleaning and dubbing automated media Betacam with related accessories, in the terms and in the manner required by the Technical Specifications;
Camera (color, Betacam SP-to-3mm), Soledad Abet y Glenz, Martin Mohadeb Soledad Rodriguez, Laura Caligiuri; editor Andres Pepe Estrada; music, Gabriel Chwojnik; production de signer, Nuri Garabano.
For this purpose, in 2014 following a wave of digitization starts, Digital Betacam cassettes.
this invitation to tender is for the provision of video and computer magnetic media ina for the year 2015 and for the following standards: lto, gold cd-r, dvd-r, blu ray, Betacam SP, Betacam num, dv cam, cam hd, hd cam-sr, HDV, SD memory card, compact flash card, XD cam.
Contract notice: Open procedure for the supply of equipment for the digitization of materials currently stored on media betacam and related maintenance and support.
Camera (color, Betacam SP), Zhu; editor, Wang Shiqing.
Contract awarded for Supply, deliver, set up of video tapes / discs electronic controlled dry cabinets to hold at least 255 large betacam tapes, 144 small betacam tapes, 176 digital betacam tapes, 76 VHS tapes, 2000 discs, 1245 large DVCam tapes, 314 small DVCam tapes.