Definition
Beta = 1.0 means the strategy moves 1:1 with the benchmark. Beta = 0 means returns are uncorrelated with the benchmark. Most copy strategies have beta between 0.3 and 1.5 to BTC.
Sensitivity of a strategy's returns to a benchmark's returns.
Beta = 1.0 means the strategy moves 1:1 with the benchmark. Beta = 0 means returns are uncorrelated with the benchmark. Most copy strategies have beta between 0.3 and 1.5 to BTC.
Beta = 1.0 means the strategy moves 1:1 with the benchmark. Beta = 0 means returns are uncorrelated with the benchmark. Most copy strategies have beta between 0.3 and 1.5 to BTC.