Beta is often used to denote a variable in mathematics and physics, where it often has specific meanings for certain applications. β is sometimes used as a placeholder for an ordinal number if α is already used.
The Greek letter beta (β). In mathematics and science, it is often used to denote a variable or a parameter, such as an angle or the beta coefficient in regression analysis.
Shares with a beta greater than one are more volatile than the market. During the recent bull market, high beta shares substantially outperformed low beta shares.
beta (third-person singular simple present betas, present participle betaing, simple past and past participle betaed) (computing) To preliminarily release computer software for initial testing prior to final release.
Etymologically, beta came from beth (the second letter of the Phoenician alphabet), meaning "house". The Greek letter Beta is especially used in finance, science, mathematics, statistics and typography.
The beta symbol (Β β) is the 2nd letter of the Greek alphabet. Learn its meaning, see uppercase 'Β' and lowercase 'β' forms, and easily copy and paste the symbol for your use.