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.
What Is Beta? Beta is an indicator of the price volatility of a stock or other asset in comparison with the broader market. It suggests the level of risk that an investor takes on in buying the...
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.
Lower-case beta (βῆτα), the second letter of the ancient Greek alphabet. It represented the voiced bilabial plosive: /b/ and later the voiced labiodental fricative /v/.
Beta is the second Greek letter. It comes from the Hebrew beth, meaning “house.” Kappa is the 10th Greek letter. It comes from the Hebrew kaph, meaning “palm” or “sole.” The following chart shows how the letters of the Greek alphabet line up with their English counterparts.
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.
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.