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What You Must Know About Tech Data Corporation’s (NASDAQ:TECD) Beta Value



  • Source: Simply Wall St - - Read: 0

    Summary:

     

    Anyone researching Tech Data Corporation (NASDAQ:TECD) might want to consider the historical volatility of the share price. Volatility is considered to be a measure of risk in modern finance theory. Investors may think of volatility as falling into two main categories. The first type is company specific volatility. Investors use diversification across uncorrelated stocks to reduce this kind of price volatility across the portfolio. The second sort is caused by the natural volatility of markets, overall. For example, certain macroeconomic events will impact (virtually) all stocks on the market.

    Some stocks mimic the volatility of the market quite closely, while others demonstrate muted, exagerrated or uncorrelated price movements. Some investors use beta as a measure of how much a cer ...

     

     

    Read Full News: https://simplywall.st/stocks/us/tech/nasdaq-tecd/tech-data/news/what-you-must-know-about-tech-data-corporations-nasdaqtecd-beta-value/


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