Beta may not be useful for long-term risk calculations, but it does give the investors criteria to judge between similarly timed assets. Anyways thanks for themeaningfulpost.

Could you clearly explain how beta and other measures of risk calculations can be used by portfolio managers over time? I would appreciate your response to these questions. Please provide reference and examples for further reading and learning . the explanationis thequalityof the answer that matters, not the number of words

Sincerely,