If the beta for an asset is negative, how do the returns for that asset...

50.1K

Verified Solution

Question

Accounting

If the beta for an asset is negative, how do the returns for that asset move relative to the overall market?

A. They don't correlate with the market at all.

B. They are less volatile than the market.

C. They move in the opposite direction of the market.

D. The beta for an asset with value can't be negative.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students