Sysco Corporation has a beta of 0.71. If the returns on the market increase by 1%, what should you expect from Sysco Corporation?
A) It will go up 1%
B) It will go up .71%
C) It will go down 1%
D) It will go down .71%

Question

Quizplus · Accepted Answer

The beta of a stock measures its volatility in relation to the market. A beta of 0.71 means that if the market goes up by 1%, Sysco Corporation's stock is expected to go up by 0.71%.

Sysco Corporation Has a Beta of 0