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Beta from Covariance Calculator — result sheet
Calculate a simple beta coefficient from covariance with the market and market variance.
Inputs used
Results
Visual chart
Breakdown
Calculation steps
Returned data table
Formula and methodology
Formula: Beta = covariance(asset, market) / variance(market).
Beta scales the asset’s co-movement with the market by the market’s own variance under the supplied statistical convention.
This result follows the calculator's declared inputs, precision, validation boundaries, and model limits.
Input contract
- Asset-market covariance — minimum -1000000000; maximum 1000000000
- Market variance — minimum 1.0E-6; maximum 1000000000
Worked example
| Input | Value |
|---|---|
| Asset-market covariance | 0.04 |
| Market variance | 0.025 |
Beta = 1.6.
Assumptions and limits
- Covariance and variance are calculated over matching observations.
- Market variance is positive.
- Beta is descriptive and does not forecast returns or guarantee risk.
Calculator note
Source and methodology
Use the official WorldCalculate methodology policy for the source, formula, precision, and boundary standards behind this calculator.
Planning estimate, not financial, medical, legal, or professional advice. © WorldCalculate — reuse with attribution. Built and curated by Hassan ALRowaie.
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