MSU CORP-----MUCP Message Board

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Microcap & Penny Stocks : MSU CORP-----MUCP

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To: ALL IN PAUL who wrote (4089)	6/9/1999 10:47:00 PM
From: M. Frank Greiffenstein	Read Replies (1) of 6180

Volatile times... Laron, beta is a measure of a stock's volatility relative to a "yardstick". It is the standard deviation of a stock's prices (last say over 52 weeks) divided by the standard deviation of the SP-500. Anything bigger than 1 means the stock is more volatile than the average. Less than one is a stock that doesn't do much at all. For example, gold prices have a low beta. Hope that helps. DocStone

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