Analyze Goldtowns beta and what this number means to a potential investor. Goldtown has a relatively high
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Analyze Goldtown’s beta and what this number means to a potential investor.
Goldtown has a relatively high beta of 9.5, which indicates an overall higher risk than the market. If the market goes down 1 point, Goldtown is likely to go down 9.5 points; however, on the upside, if the market goes up, then Goldtown’s stock should increase 9.5 points.
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Related Book For
Hospitality Financial Management
ISBN: 9780471692164
1st Edition
Authors: Agnes L DeFranco, Thomas W Lattin
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