Remove Equity Remove Marketability Remove Systematic Risk Remove Unlevered Beta
article thumbnail

Beta?! Not just Beta - The Levered Beta!

Equilest

Because of the Levered-Beta (Known also as the Leveraged Beta). . What is Beta? Beta describes the firm's sensitivity to what is happening in the market. Aggressive industries are more sensitive to the market situation—for example - real estate, aviation, and automobile. BL = Leveraged-Beta.

Beta 40