Скачать или смотреть Beta - Measuring Systematic Risk and Market Sensitivity (CFA Level 1)

This clip introduces beta as a measure of how sensitive an asset's return is to movements in the overall market. It explains the beta formula based on covariance with the market over market variance and interprets beta values above 1, equal to 0 and below 0, emphasizing that negative beta assets can improve diversification by moving opposite to the market. The segment also notes that a low or near zero beta portfolio that still earns excess returns is delivering alpha, which is often a goal of long short hedge funds.

For the full 2-hour CFA Level 1 crash course and all slides in one place, see the main video:
   • CFA Level 1 Crash Course: Key Concepts Ove...  
You can download all slides in PDF format using the link provided in the description of that main video.

This content is for educational purposes only and is not affiliated with, endorsed by, or in any way officially connected to CFA Institute.

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