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  <title id="t">What is beta?</title>
  <desc id="d">Diagram of beta: a stock’s swings compared to the market, with high beta amplifying moves and low beta cushioning them.</desc>
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  <text x="44" y="60" font-size="25" font-weight="800" fill="#0F172A">What Is Beta?</text>
  <text x="44" y="92" font-size="14.5" fill="#5A6578">Beta measures how much a stock moves relative to the overall market. A beta above 1 swings more than</text>
  <text x="44" y="113" font-size="14.5" fill="#5A6578">the market; below 1, less.</text>
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  <text x="200.0" y="239" font-size="12" font-weight="700" fill="#CBE5F7" text-anchor="middle">Defensive (&lt;1)</text>
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  <text x="410.0" y="239" font-size="12" font-weight="700" fill="#E2E8F0" text-anchor="middle">Market (1.0)</text>
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  <text x="620.0" y="239" font-size="12" font-weight="700" fill="#F97316" text-anchor="middle">Aggressive (&gt;1)</text>
  <text x="340.0" y="221" font-size="11" fill="#5A6578" text-anchor="middle">1.0</text>
  <circle cx="494.0" cy="190" r="13" fill="#ffffff" stroke="#0F172A" stroke-width="3.5"/>
  <text x="494.0" y="165" font-size="15" font-weight="800" fill="#0F172A" text-anchor="middle"></text>
  <text x="410" y="273" font-size="13.5" fill="#334155" text-anchor="middle">How much a stock moves versus the market. Beta above 1 swings more than the index.</text>
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  <text x="44" y="321" font-size="12.5" fill="#5A6578">Source: <tspan font-weight="700" fill="#0F172A">CFGI</tspan></text>
  <text x="776" y="321" font-size="12.5" fill="#0284C7" text-anchor="end" font-weight="700">Stocks</text>
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