Innovative Tech, Inc.'s (ITI) annual stock returns for the last five years are: -6%, 49%, 12%, -3%, and 50%. The S&P 500 Index's annual returns for the last five years are: -5%, 22%, 12%, 2%, and 14%. What is ITI's beta coefficient? Enter your answer rounded to two decimal places. For example, if your answer is 12.345 then enter as 12.35 in the answer box.