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The beta coefficient of a stock measures how a stock moves relative to given movements in the stock market which means that for a given
The beta coefficient of a stock measures how a stock moves relative to given movements in the stock market which means that for a given move in the market the stock's price will move:
a In the same direction up or down as the market and by the same magnitude
b In the same direction as the market if the coefficient is positively correlated to the market, and by the magnitude of the coefficient
c In the opposite direction as the market if the coefficient is negatively correlated to the marked and by the magnitude of the coefficient.
d Both b & c
e None of the above
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