Beta is a measure that compares the volatility associated with a specific stock issue with the volatility of which stock index?
A)S&P 500 stock index
B)Dow Jones Industrial Average
C)NASDAQ composite index
D)FTSE 100 index
E)CAC 40 index

Question

Quizplus · Accepted Answer

Beta is most commonly used to compare the volatility of a specific stock to the volatility of the S&P 500 stock index. This comparison helps investors understand how much the stock's price might swing in relation to the overall market.

Beta Is a Measure That Compares the Volatility Associated with a Specific