What it means
The second Greek letter. β stands for regression coefficients, for an asset's sensitivity to the market in finance, for the probability of a type II error, and for angles.
Read aloud in real formulas
y = β₀ + β₁x
Aethel says
y equals beta sub zero plus beta sub one x
the intercept and slope of a regression line
β = Cov(Rᵢ, R_m) / Var(R_m)
Aethel says
beta equals the covariance of R sub i and R sub m, over the variance of R sub m
an asset's beta against the market
Typing it
- LaTeX
- \beta (capital: B)
- Unicode
- U+03B2, U+0392
Formulas that use it
Questions
How do you pronounce beta (β)?
It is said “beta”, roughly BAY-tuh (US), BEE-tuh (UK).
What does β mean in maths?
The second Greek letter. β stands for regression coefficients, for an asset's sensitivity to the market in finance, for the probability of a type II error, and for angles.
How do you type β?
In LaTeX, write \beta (capital: B). Its Unicode code point is U+03B2, U+0392.