Movement of both would mirror the movement of the market haina ta?
View on r/NepalStock by panauti_12
Share via:
Also Read:
Nepal Warehouse Company Gets SEBON Approval for 13.65 Lakh Share IPO
Suryodaya Womi Laghubitta (SWMF) Proposes 14.07% Bonus Shares for FY 2079/80
Begennier question regarding reports of company
Any groups or servers to talk abt trades
“Upper Lohore Hydropower Company Limited Announces IPO Updates: Closure for Nepalese Citizens Working Abroad and Extension for Project-Affected Locals”
NEPSE Index Drops Significantly, Market Capitalization at Rs. 30.38
Beta is just a measure of past correlation. it is not indicative of what the stock might do in the future.
theoretically, that is what should happen.
I think beta is calculated within a sector. So if beta stays at 1 then its equivalent to investing in the sector index fund if such a thing exist (not in nepal ofcourse). But mostly index fund i see are a best performing stocks in a exchange that are mix of different sectors.