Beta (Coefficient)
Update shuda Aug 18, 2026 Beta coefficient kisi asset ki
volatility aur qeemat ke utaar charhao ko majmoi market ya kisi muntakhib karda
benchmark ke hawale se measure karne ka naam hai.
Finance mein, beta ka istemal yeh jaanchne ke liye kiya jata hai keh koi sarmaya kisi portfolio mein kitna khatra paida kar sakta hai, na keh us asset ko bilkul akele hold karne ka khatra. Benchmark koi wasee market
index ya koi makhoos portfolio ho sakta hai.
Agar aap pori market ka muwazna khud usi market ke sath kar dein, to beta bilkul 1 ho ga. Jab kisi asset ko market ke muqable mein measure kiya jata hai, to aam tor par us ka beta 1 se ziada ya kam hota hai, aur har range ka mukhtalif natija nikalta hai jo is baat ko zahir karta hai keh woh kis tarah perform kar sakta hai aur us se kis qisam ke
investment par munafe ki tawaqqo ki ja sakti hai.
Agar beta 1 se ziada ho: Asset market ke muqable mein ziada volatile hone ka rujhan rakhta hai aur us ke sath sath hi move karta hai. Yeh benchmark ke muqable mein munafon aur nuqasanat dono ko barha sakta hai.
Agar beta 1 ke barabar ho: Asset market ke mutabiq move karne ka rujhan rakhta hai.
Agar beta 1 se kam (ya manfi) ho: Asset market ke muqable mein kam volatile ho sakta hai, ya is ki qeemat ka utaar charhao is ke rujhhan ke mutabiq nahi hota.
Portfolio managers kisi asset ke beta ka hisab is liye laga sakte hain taa keh samajh sakein keh yeh un ki holdings ke majmoi khatre ki profile ko kis tarah mutasir kar sakta hai, aur un ke liye behtareen
asset ki taqseem kaise mumkin ho sakti hai.
Yeh baat note karna zaruri hai keh beta tareekhi tor par qeemat ke data par mabni hota hai, is liye yeh is baat ki wazahat nahi karta keh asset mustaqbil mein kis tarah move kare ga balkeh yeh batata hai keh is ne maazi mein kis tarah move karne ki koshish ki hai.
Yeh concept cryptocurrency markets par bhi apply kiya ja sakta hai. Yahan,
bitcoin ko aksar benchmark ke tor par istemal kiya jata hai, is liye trader Bitcoin ki qeemat aur volatility ke muqable mein dusre
altcoins ke beta ka hisab laga sakta hai.
Is ke bar'aks, Bitcoin ki apni volatility ko gold ya riwayati
stock indexes ke muqable mein measure kiya ja sakta hai. Is se hasil hone wala beta yeh bataye ga keh Bitcoin in markets ke sath sath kis had tak move karne ka rujhan rakhta hai, lekin maazi ke talluqat mustaqbil ke rujhan ki guarantee nahi dete.