![]() ![]() Click on the screener and select “Start Screening”Ĥ. Since manually calculating the beta of a stock is prone to errors, you can easily view the beta coefficient of stocks on Tickertape’s Stock Screener.Ģ. Now, Beta = Covariance/Variance Finding beta of shares using Tickertape’s Stock Screener Find the covariance of the stock to the benchmark.Here, the period can be daily, weekly, and so on Calculate % change for the same period for both the stock and the benchmark index.Get the historical prices for the comparison benchmark index.Get the historical prices for the desired stock.You can find the beta of Indian stocks in 2 ways:įinding the beta of a stock using formula Note: The list of Nifty 50 high beta stocks as of 28th September 2023 and derived using Tickertape Stock Screener using the following parameters. Here’s a list of top 10 high beta stocks in NSE Stock Name That’s why investors looking to create significant wealth through shares go for stocks with high beta. And going by the risk-reward relationship, this stock can potentially give higher returns (but remember, high risk never guarantees high returns). Simply put, these are relatively volatile and risky. Shares with a beta value higher than 1 are high beta stocks. In the context of stock beta, the volatility in the broader market is the independent variable, and the risk associated with the stock is the dependent variable. It is calculated using regression analysis, a statistical method used to find the relationship between a dependent variable with one or more independent variables. What is beta in the stock market?īeta is a statistical measure of a stock’s volatility compared to the broader market or a benchmark index. So how do you ascertain the volatility of stocks? ![]() Higher the volatility, the more risky the stock is, and vice versa. While some are highly volatile, others may not be as much. You still invest in relatively low-risk instruments, or you may diversify thoughtfully. So, does this stop you from investing? Mostly, no. You may run into losses and have to accept lower-than-expected returns if the losses run too deep, you may not get your funds back at all. When you entrust your money to someone else to grow it, a risk factor is associated with it. But what comes without risk? Let us get this straight. How to find high alpha, low beta stocks?.Where can I find the top 10 high beta stocks of NSE?.Give high returns amid a market upswing.Advantages of investing in high beta stocks.How to interpret the beta value of a stock?.High-beta stocks are usually issued by high-risk companies.Finding beta of shares using Tickertape’s Stock Screener.Finding the beta of a stock using formula. ![]()
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