Beta is a measure of an asset's:
A) total risk.
B) correlation with market returns.
C) systematic risk.
D) unsystematic risk.

Question

Quizplus · Accepted Answer

Note that although a share's beta value is influenced by its correlation with the market, it is not determined by that factor alone. A share's beta value is also determined by the standard deviation of its returns and the standard deviation of market returns.

Beta Is a Measure of an Asset's