NII Holdings, Inc. (NIHD)
(Delayed Data from NSDQ)
$2.04 USD
+0.07 (3.55%)
Updated May 3, 2019 04:00 PM ET
After-Market: $2.05 (%) 5:22 PM ET
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About Beta
Beta is a measure of risk commonly used to compare the volatility of stocks, mutual funds, or ETFs to that of the overall market. The S&P 500 Index is the base for calculating beta with a value of 1.0. Securities with betas below 1 have historically been less volatile than the market. While securities with betas above 1, have historically been more volatile than the market. The beta is calculated using data over a 5-year period.