KLSE (MYR): AWANTEC (5204)
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Last Price
0.36
Today's Change
+0.005 (1.41%)
Day's Change
0.35 - 0.36
Trading Volume
16,200
2024-10-10
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2024-10-09
2024-10-07
2024-10-07
2024-10-03
2024-10-02
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2024-09-30
asamlaksa
675 posts
Posted by asamlaksa > 2014-04-23 17:34 | Report Abuse
No, high Beta is high liquidy (volatility) in price movement in a single trading day. For example like dsonic can up 10 sen, also down 10 sen in a single day, consider high Beta.
But Presbhd up 2 sen, down also 2sen only so consider low beta. No meat if contra. Brokerage fees also tak cukup if take Presbhd for contra.
http://en.wikipedia.org/wiki/Beta_(finance)