Beta coefficient is a measure of stock volatility over time compared to a market benchmark. A beta of 1 means that a stock's volatility matches up exactly with the markets. A higher beta indicates great volatility, and a lower beta indicates less volatility. Read more about absolute and relative volatilites. With our Beta calculator it's easy to calculate personally any Beta for your own use.
You can also try our Asset Correlations free tool or explore TOP 1,000 Most and Least correlated assets.