Polished.com Inc Beta
What is the Beta of Polished.com Inc?
The Beta of Polished.com Inc is 1.13
What is the definition of Beta?
BETA indicates whether a stock is more or less volatile than the market as a whole. A beta less than 1 indicates that the stock is less volatile than the market, while a beta more than 1 indicates that the stock is more volatile. Volatility is measured as the fluctuation of the price around the mean.
Beta is a measure of the risk arising from exposure to general market movements as opposed to idiosyncratic factors. The market portfolio of all investable assets has a beta of exactly 1. A beta below 1 can indicate either an investment with lower volatility than the market, or a volatile investment whose price movements are not highly correlated with the market. A beta greater than one generally means that the asset both is volatile and tends to move up and down with the market. Beta is important because it measures the risk of an investment that cannot be reduced by diversification. It does not measure the risk of an investment held on a stand-alone basis, but the amount of risk the investment adds to an already-diversified portfolio. In the capital asset pricing model, beta risk is the only kind of risk for which investors should receive an expected return higher than the risk-free rate of interest.
Beta of companies in the Materials sector on NYSE compared to Polished.com Inc
What does Polished.com Inc do?
goedeker’s is one of the largest independent retailers of discount appliances in the nation. we offer kitchen appliances, washers and dryers, furniture, lighting, plumbing fixtures, and mattresses. founded on family values like service and integrity, we maintain the home-town shopping experience without sacrificing convenience or affordability. goedeker's has been serving st. louis since 1951. we're proud to bring the same amazing service to the internet that we've offered locally for more than 60 years. we make it easy to shop from your home or on the go with our mobile-friendly online store. goedeker's is a trusted source for some of the highest quality brands, including ge, whirlpool, bosch, frigidaire, and samsung. with unique coupons, manufacturer rebates, free shipping, and more, you could save hundreds. give us a chance to show you how home-town service, commitment to quality, and low cost can work for you.
Companies with beta similar to Polished.com Inc
- Tactile Systems Technology Inc has Beta of 1.13
- Brookfield Infrastructure has Beta of 1.13
- Bayerische Motoren Werke AG has Beta of 1.13
- Bayerische Motoren Werke AG has Beta of 1.13
- SFS AG has Beta of 1.13
- Monaker Inc has Beta of 1.13
- Polished.com Inc has Beta of 1.13
- Madhucon Projects has Beta of 1.13
- Anheuser-Busch InBev SA/NV has Beta of 1.13
- Hyatt Hotels has Beta of 1.13
- Talos Inc has Beta of 1.13
- Sterling Bancorp has Beta of 1.13
- Sberbank Russia OJSC has Beta of 1.13