Using beta as a risk measurement device has not caught on in the real world because finding the value is nearly impossible for most investors.

Question

Quizplus · Accepted Answer

Beta is a widely used risk measurement tool in the financial world, and it is relatively easy to find the value for most stocks or portfolios through various financial websites or software. However, investors may not use beta as their sole risk measurement device, as it has its limitations and may not capture all the risks associated with an investment.

Using Beta as a Risk Measurement Device Has Not Caught