| Ticker | Company | Zen Rating | Price | Value | Graham Fair Value | Graham Fair Value % | P/E | Forward P/E | P/S | P/B | PEG | Free Cash Flow | Free Cash Flow Yield | Book Value | BVPS | EV | EV/EBITDA |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IBAC | IB ACQUISITION CORP | $10.82 | N/A | N/A | -1,082.00x | N/A | N/A | -32.10x | N/A | -$1.52M | -2.46% | -$1.69M | -0.30 | $54.18M | 37.05 | ||
| DYNC | DYNAMIX CORP | $10.86 | N/A | N/A | -72.37x | N/A | N/A | -13.86x | N/A | -$1.75M | -0.73% | -$17.33M | -0.78 | $240.10M | -75.79 | ||
| HCIC | HENNESSY CAPITAL INVESTMENT CORP VIII | $9.98 | N/A | N/A | N/A | N/A | N/A | -81.32x | N/A | N/A | N/A | -$4.36M | -0.18 | $353.62M | N/A | ||
| APXT | APEX TREASURY CORP | $10.10 | N/A | N/A | N/A | N/A | N/A | -35.39x | N/A | N/A | N/A | -$13.12M | -0.29 | $463.43M | N/A | ||
| PAII | PYROPHYTE ACQUISITION CORP II | $10.24 | N/A | N/A | N/A | N/A | N/A | -30.98x | N/A | N/A | N/A | -$9.01M | -0.33 | $279.20M | N/A | ||
| JENA | JENA ACQUISITION CORP II | $10.39 | N/A | N/A | -346.33x | N/A | N/A | -22.00x | N/A | -$668.88k | -0.22% | -$13.68M | -0.47 | $300.30M | -424.47 | ||
| IPVV | INTERPRIVATE INVESTMENT PARTNERS V INC | $9.81 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$24.99k | -0.01 | N/A | N/A | ||
| AFJK | AIMEI HEALTH TECHNOLOGY CO LTD | $12.05 | N/A | N/A | 75.31x | N/A | N/A | -9.11x | N/A | -$415.70k | -1.09% | -$4.19M | -1.32 | $40.23M | 43.70 | ||
| WENC | WEST ENCLAVE MERGER CORP | $10.00 | N/A | N/A | N/A | N/A | N/A | 441.99x | N/A | N/A | N/A | $363.12k | 0.10 | $160.56M | N/A | ||
| ITHA | ITHAX ACQUISITION CORP III | $9.99 | N/A | N/A | N/A | N/A | N/A | -34.06x | N/A | N/A | N/A | -$9.00M | -0.29 | $305.71M | N/A | ||
| MUZE | MUZERO ACQUISITION CORP | $9.96 | N/A | N/A | N/A | N/A | N/A | -45.29x | N/A | N/A | N/A | -$6.01M | -0.31 | $271.18M | N/A | ||
| BDCI | BTC DEVELOPMENT CORP | $10.09 | N/A | N/A | N/A | N/A | N/A | -38.33x | N/A | N/A | N/A | -$9.15M | -0.26 | $349.15M | N/A | ||
| EGHA | EGH ACQUISITION CORP | $10.34 | N/A | N/A | 43.06x | N/A | N/A | -38.38x | N/A | -$1.03M | -0.48% | -$5.52M | -0.27 | $211.40M | 47.51 | ||
| LPBB | LAUNCH TWO ACQUISITION CORP | $10.76 | $3.69 | 191.98% | 35.87x | N/A | N/A | -28.27x | 1.62x | -$604.94k | -0.20% | -$10.94M | -0.38 | $309.21M | 35.74 | ||
| PTAC | PATRIOT ACQUISITION CORP | $9.94 | N/A | N/A | N/A | N/A | N/A | -1,919.54x | N/A | N/A | N/A | -$114.44k | -0.03 | $219.88M | N/A | ||
| CRAC | CROWN RESERVE ACQUISITION CORP I | $10.15 | N/A | N/A | N/A | N/A | N/A | -71.84x | N/A | -$262.20k | -0.12% | -$3.16M | -0.15 | $227.09M | N/A | ||
| LWAC | LIGHTWAVE ACQUISITION CORP | $10.29 | N/A | N/A | 60.53x | N/A | N/A | -44.67x | N/A | -$649.85k | -0.21% | -$6.93M | -0.23 | $308.85M | 56.81 | ||
| DNMX | DYNAMIX CORP III | $10.03 | N/A | N/A | N/A | N/A | N/A | -37.24x | N/A | N/A | N/A | -$7.22M | -0.27 | $267.99M | N/A | ||
| MACI | MELAR ACQUISITION CORP I | $10.96 | N/A | N/A | 49.80x | N/A | N/A | -30.67x | N/A | -$681.99k | -0.29% | -$7.72M | -0.36 | $240.72M | 44.33 | ||
| HVII | HENNESSY CAPITAL INVESTMENT CORP VII | $10.51 | N/A | N/A | 80.85x | -103.04x | N/A | -27.12x | N/A | -$2.04M | -0.74% | -$10.08M | -0.39 | $273.18M | 84.18 | ||
| OTAI | STARLINK AI ACQUISITION CORP | $10.00 | N/A | N/A | N/A | N/A | N/A | -2,195.18x | N/A | N/A | N/A | -$62.64k | -0.03 | $137.41M | N/A | ||
| FMAC | FUTURE MONEY ACQUISITION CORP | $10.03 | N/A | N/A | N/A | N/A | N/A | 310.11x | N/A | N/A | N/A | $510.39k | 0.06 | $158.13M | N/A | ||
| FVN | FUTURE VISION II ACQUISITION CORP | $10.79 | N/A | N/A | -12.40x | N/A | N/A | 145.75x | N/A | -$268.71k | -0.33% | $558.48k | 0.07 | $80.72M | 39.67 | ||
| RDAG | REPUBLIC DIGITAL ACQUISITION CO | $10.36 | N/A | N/A | 34.53x | N/A | N/A | -32.88x | N/A | -$535.77k | -0.14% | -$11.82M | -0.32 | $387.63M | 37.57 | ||
| SCPQ | SOCIAL COMMERCE PARTNERS CORP | $10.00 | N/A | N/A | N/A | N/A | N/A | -47.85x | N/A | N/A | N/A | -$2.86M | -0.21 | $136.31M | N/A | ||
| PALO | PALOMA ACQUISITION CORP I | $9.93 | N/A | N/A | N/A | N/A | N/A | -39.41x | N/A | N/A | N/A | -$5.36M | -0.48 | $210.13M | N/A | ||
| CHEC | CHENGHE ACQUISITION III CO | $10.23 | N/A | N/A | N/A | N/A | N/A | -38.36x | N/A | N/A | N/A | -$4.61M | -0.27 | $176.13M | N/A | ||
| WVVI | WILLAMETTE VALLEY VINEYARDS INC | $2.54 | N/A | N/A | -4.16x | N/A | 0.33x | 0.19x | N/A | -$116.32k | -0.91% | $67.79M | 13.61 | $41.71M | 10.27 | ||
| WSTN | WESTIN ACQUISITION CORP | $10.14 | N/A | N/A | -37.28x | N/A | N/A | 19.60x | N/A | -$288.37k | -0.38% | $4.17M | 0.57 | $81.77M | 164.88 | ||
| ALIS | CALISA ACQUISITION CORP | $10.17 | N/A | N/A | N/A | N/A | N/A | 6,912.47x | N/A | N/A | N/A | $12.40k | 0.00 | $85.45M | N/A | ||
| BIXI | BITCOIN INFRASTRUCTURE ACQUISITION CORP LTD | $10.04 | N/A | N/A | N/A | N/A | N/A | -54.61x | N/A | N/A | N/A | -$6.36M | -0.21 | $344.89M | N/A | ||
| ADAC | AMERICAN DRIVE ACQUISITION CO | $10.10 | N/A | N/A | N/A | N/A | N/A | -31.07x | N/A | N/A | N/A | -$9.35M | -0.41 | $289.38M | N/A | ||
| DBCA | D BORAL ACQUISITION I CORP | $9.99 | N/A | N/A | N/A | N/A | N/A | 588.18x | N/A | N/A | N/A | $734.95k | 0.03 | $431.77M | N/A | ||
| DSAC | DAEDALUS SPECIAL ACQUISITION CORP | $10.17 | N/A | N/A | N/A | N/A | N/A | -43.60x | N/A | N/A | N/A | -$7.94M | -0.23 | $345.19M | N/A | ||
| ISNRU | SNOW ROTHSCHILD ACQUISITION CORP | $10.02 | N/A | N/A | N/A | N/A | N/A | -11,045.45x | N/A | N/A | N/A | -$25.72k | -0.01 | $284.15M | N/A | ||
| KCHV | KOCHAV DEFENSE ACQUISITION CORP | $10.42 | N/A | N/A | 41.68x | N/A | N/A | -55.25x | N/A | N/A | N/A | -$6.46M | -0.19 | $356.50M | N/A | ||
| BKHA | BLACK HAWK ACQUISITION CORP | $11.78 | N/A | N/A | 117.80x | N/A | N/A | -9.59x | N/A | -$554.53k | -1.14% | -$5.10M | -1.23 | $50.15M | 114.33 | ||
| IGAC | INVEST GREEN ACQUISITION CORP | $10.02 | N/A | N/A | N/A | N/A | N/A | -34.05x | N/A | N/A | N/A | -$7.02M | -0.29 | $239.37M | N/A | ||
| BACC | BLUE ACQUISITION CORP | $10.49 | N/A | N/A | -12.79x | N/A | N/A | -36.12x | N/A | -$1.05M | -0.36% | -$8.12M | -0.29 | $292.96M | 79.02 | ||
| EVOX | EVOLUTION GLOBAL ACQUISITION CORP | $10.07 | N/A | N/A | N/A | N/A | N/A | -37.18x | N/A | N/A | N/A | -$8.67M | -0.27 | $321.23M | N/A | ||
| ILLU | ILLUMINATION ACQUISITION CORP I | $9.92 | N/A | N/A | N/A | N/A | N/A | -43.16x | N/A | N/A | N/A | -$7.19M | -0.37 | $309.59M | N/A | ||
| HAVA | HARVARD AVE ACQUISITION CORP | $10.17 | N/A | N/A | 50.85x | N/A | N/A | -51.03x | N/A | -$1.26M | -0.60% | -$4.12M | -0.20 | $210.76M | 70.42 | ||
| KBON | KARBON CAPITAL PARTNERS CORP | $10.08 | N/A | N/A | N/A | N/A | N/A | -37.66x | N/A | N/A | N/A | -$11.78M | -0.27 | $442.97M | N/A | ||
| RREV | RRE VENTURES ACQUISITION CORP | $9.90 | N/A | N/A | N/A | N/A | N/A | -9,425.61x | N/A | N/A | N/A | -$35.01k | -0.00 | $330.05M | N/A | ||
| TACO | BERTO ACQUISITION CORP | $10.48 | N/A | N/A | 30.82x | N/A | N/A | -32.27x | N/A | -$1.36M | -0.34% | -$12.19M | -0.33 | $392.99M | 38.86 | ||
| NBRG | NEWBRIDGE ACQUISITION LTD | $10.00 | N/A | N/A | N/A | N/A | N/A | 14.67x | N/A | N/A | N/A | $5.14M | 0.97 | $75.96M | N/A | ||
| BLUW | BLUE WATER ACQUISITION CORP III | $10.37 | N/A | N/A | -15.48x | N/A | N/A | -36.09x | N/A | -$1.02M | -0.31% | -$9.28M | -0.29 | $335.11M | 50.25 | ||
| TRGS | TRG LATIN AMERICA ACQUISITIONS CORP | $9.93 | N/A | N/A | N/A | N/A | N/A | -23.30x | N/A | N/A | N/A | -$11.09M | -0.91 | $257.13M | N/A | ||
| GTEN | GORES HOLDINGS X INC | $10.50 | N/A | N/A | -45.65x | N/A | N/A | -15.26x | N/A | -$1.20M | -0.26% | -$31.02M | -0.69 | $473.09M | 51.85 | ||
| KTWO | K2 CAPITAL ACQUISITION CORP | $9.96 | N/A | N/A | N/A | N/A | N/A | 209.66x | N/A | N/A | N/A | $952.07k | 0.06 | $198.62M | N/A | ||
| NPAC | NEW PROVIDENCE ACQUISITION CORP III | $10.42 | N/A | N/A | 40.08x | N/A | N/A | -29.79x | N/A | -$1.09M | -0.27% | -$13.43M | -0.35 | $399.71M | 43.88 | ||
| MMTX | MILUNA ACQUISITION CORP | $10.10 | N/A | N/A | 101.00x | N/A | N/A | -643.84x | N/A | -$335.27k | -0.38% | -$138.49k | -0.02 | $88.69M | 117.65 | ||
| XSLL | XSOLLA SPAC 1 | $9.91 | N/A | N/A | N/A | N/A | N/A | 173.16x | N/A | N/A | N/A | $1.58M | 0.07 | $272.57M | N/A | ||
| KPET | KPET ULTRA PACELINE CORP | $10.05 | N/A | N/A | N/A | N/A | N/A | -3,708.51x | N/A | N/A | N/A | -$77.91k | -0.02 | $287.18M | N/A | ||
| AACI | ARMADA ACQUISITION CORP III | $10.00 | N/A | N/A | N/A | -83.40x | N/A | -37.21x | N/A | N/A | N/A | -$9.15M | -0.47 | $339.39M | N/A | ||
| CRAN | CRANE HARBOR ACQUISITION CORP II | $10.14 | N/A | N/A | N/A | N/A | N/A | -37.55x | N/A | N/A | N/A | -$12.66M | -0.27 | $473.61M | N/A | ||
| GPAT | GP-ACT III ACQUISITION CORP | $11.15 | N/A | N/A | 35.97x | N/A | N/A | -40.08x | N/A | -$328.52k | -0.08% | -$15.05M | -0.42 | $603.55M | 54.19 | ||
| ACGC | ACP HOLDINGS ACQUISITION CORP | $9.98 | N/A | N/A | N/A | N/A | N/A | -8,868.96x | N/A | N/A | N/A | -$33.32k | -0.01 | $295.76M | N/A | ||
| MOBX | MOBIX LABS INC | $1.76 | N/A | N/A | -0.26x | N/A | 2.45x | 2.67x | N/A | -$17.60M | -101.65% | $8.85M | 0.90 | $27.75M | -0.83 | ||
| CAPN | CAYSON ACQUISITION CORP | $11.10 | N/A | N/A | 58.42x | N/A | N/A | -17.00x | N/A | -$250.75k | -0.30% | -$3.45M | -0.46 | $59.96M | 40.37 | ||
| NHIV | NEWHOLD INVESTMENT CORP IV | $10.16 | N/A | N/A | N/A | N/A | N/A | -4,652.36x | N/A | N/A | N/A | -$60.00k | -0.01 | $279.23M | N/A | ||
| HTCO | HIGH-TREND INTERNATIONAL GROUP | $3.42 | N/A | N/A | -2.19x | N/A | 0.09x | 3.88x | N/A | $4.02M | 17.43% | $5.96M | 0.88 | $5.82M | -0.48 | ||
| BCSS | BAIN CAPITAL GSS INVESTMENT CORP | $10.21 | N/A | N/A | N/A | N/A | N/A | -38.58x | N/A | N/A | N/A | -$15.46M | -0.27 | $595.63M | N/A | ||
| NOEM | CO2 ENERGY TRANSITION CORP | $11.80 | $9.14 | 29.13% | 73.75x | N/A | N/A | -57.78x | 0.46x | -$1.54M | -1.36% | -$1.96M | -0.20 | $113.10M | 53.42 | ||
| RAC | RITHM ACQUISITION CORP | $10.47 | N/A | N/A | 29.91x | N/A | N/A | -40.03x | N/A | -$690.02k | -0.22% | -$7.69M | -0.26 | $307.77M | 34.16 | ||
| ARTC | ART TECHNOLOGY ACQUISITION CORP | $9.97 | N/A | N/A | N/A | N/A | N/A | -42.99x | N/A | N/A | N/A | -$8.08M | -0.25 | $344.68M | N/A | ||
| XCBE | X3 ACQUISITION CORP LTD | $9.96 | N/A | N/A | N/A | N/A | N/A | -62.78x | N/A | N/A | N/A | -$4.46M | -0.20 | $279.20M | N/A | ||
| HLXC | HELIX ACQUISITION CORP III | $10.57 | N/A | N/A | N/A | N/A | N/A | -83.76x | N/A | N/A | N/A | -$2.78M | -0.17 | $230.81M | N/A | ||
| CEPO | CANTOR EQUITY PARTNERS I INC | $10.65 | N/A | N/A | -22.66x | N/A | N/A | -11.91x | N/A | -$1.00 | 0.00% | -$22.81M | -0.89 | $62.95M | -5.33 | ||
| FXAC | FORTUNEX ACQUISITION CORP | $10.03 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $20.86k | 0.01 | N/A | N/A | ||
| NHIC | NEWHOLD INVESTMENT CORP III | $10.68 | N/A | N/A | 56.21x | N/A | N/A | -36.39x | N/A | -$1.14M | -0.38% | -$8.10M | -0.29 | $294.28M | 56.28 | ||
| MIACU | MERIDIAN3 INDUSTRIALS ACQUISITION CORP | $9.99 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $5.21k | 0.00 | N/A | N/A | ||
| NWAX | NEW AMERICA ACQUISITION I CORP | $10.14 | N/A | N/A | N/A | N/A | N/A | 872.24x | N/A | N/A | N/A | $578.88k | 0.01 | $504.07M | N/A | ||
| TWLV | TWELVE SEAS INVESTMENT CO III | $10.01 | N/A | N/A | N/A | N/A | N/A | -36.86x | N/A | N/A | N/A | -$6.36M | -0.27 | $234.11M | N/A | ||
| DGAC | DISCIPLINED GROWTH ACQUISITION CORP | $9.96 | N/A | N/A | N/A | N/A | N/A | -3,974.33x | N/A | N/A | N/A | -$56.55k | -0.01 | $224.76M | N/A | ||
| ALOV | ALDABRA 4 LIQUIDITY OPPORTUNITY VEHICLE INC | $9.95 | N/A | N/A | N/A | N/A | N/A | -31.93x | N/A | N/A | N/A | -$11.69M | -0.39 | $372.24M | N/A | ||
| HCAC | HALL CHADWICK ACQUISITION CORP | $10.08 | N/A | N/A | N/A | N/A | N/A | -57.45x | N/A | N/A | N/A | -$5.12M | -0.18 | $293.88M | N/A | ||
| AIIA | AI INFRASTRUCTURE ACQUISITION CORP | $10.19 | N/A | N/A | N/A | N/A | N/A | 205.31x | N/A | -$148.11k | -0.08% | $957.41k | 0.05 | $195.45M | N/A | ||
| OIO | OIO GROUP | $1.84 | N/A | N/A | -5.41x | N/A | 108.24x | 46.82x | N/A | -$1.93M | -0.33% | $13.68M | 0.04 | $645.46M | -215.03 | ||
| UAC | UNITED ACQUISITION CORP I | $9.94 | N/A | N/A | N/A | N/A | N/A | -98.81x | N/A | N/A | N/A | -$1.39M | -0.13 | $135.56M | N/A | ||
| ZKP | LAFAYETTE DIGITAL ACQUISITION CORP I | $9.98 | N/A | N/A | N/A | N/A | N/A | -51.11x | N/A | N/A | N/A | -$9.13M | -0.26 | $465.85M | N/A | ||
| GUAC | BERTO ACQUISITION CORP II | $9.94 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$8.78k | -0.01% | $911.57k | 0.15 | N/A | N/A | ||
| VECA | VERNAL CAPITAL ACQUISITION CORP | $10.00 | N/A | N/A | N/A | N/A | N/A | -1,800.96x | N/A | N/A | N/A | -$73.44k | -0.03 | $132.55M | N/A | ||
| FERA | FIFTH ERA ACQUISITION CORP I | $10.45 | N/A | N/A | 69.67x | N/A | N/A | -23.12x | N/A | -$648.12k | -0.20% | -$14.13M | -0.45 | $326.37M | 67.99 | ||
| QLEP | QUANTUM LEAP ACQUISITION CORP | $10.00 | N/A | N/A | N/A | N/A | N/A | -2,758.51x | N/A | N/A | N/A | -$100.97k | -0.02 | $278.81M | N/A | ||
| COLA | COLUMBUS ACQUISITION CORP | $10.69 | $7.91 | 35.13% | 118.72x | N/A | N/A | -99.37x | 0.47x | -$753.07k | -1.57% | -$483.25k | -0.11 | $48.14M | 58.43 | ||
| MZYX | MOZAYYX ACQUISITION CORP | $9.92 | N/A | N/A | N/A | N/A | N/A | -32.53x | N/A | N/A | N/A | -$11.44M | -0.64 | $370.71M | N/A | ||
| OTGA | OTG ACQUISITION CORP I | $10.20 | N/A | N/A | N/A | N/A | N/A | 480.96x | N/A | N/A | N/A | $626.15k | 0.02 | $300.62M | N/A | ||
| GSRF | GSR IV ACQUISITION CORP | $10.17 | N/A | N/A | 48.43x | N/A | N/A | -38.58x | N/A | N/A | N/A | -$7.75M | -0.26 | $298.24M | N/A | ||
| ARCL | ARC GROUP ACQUISITION I CORP | $9.95 | N/A | N/A | N/A | N/A | N/A | 163.23x | N/A | N/A | N/A | $1.09M | 0.08 | $177.44M | N/A | ||
| VACI | VIKING ACQUISITION CORP I | $10.13 | N/A | N/A | N/A | N/A | N/A | -38.59x | N/A | N/A | N/A | -$8.22M | -0.26 | $316.34M | N/A | ||
| CEPF | CANTOR EQUITY PARTNERS IV INC | $10.38 | N/A | N/A | 39.91x | N/A | N/A | 165,963.73x | N/A | N/A | N/A | $3.57k | 0.00 | $593.15M | N/A | ||
| HDRN | HADRON ENERGY INC | $1.68 | N/A | N/A | N/A | N/A | N/A | -0.52x | N/A | -$3.90M | -12.62% | -$59.80M | -3.26 | $75.45M | -1.05 | ||
| TRAD | APEX TECH ACQUISITION INC | $9.96 | N/A | N/A | N/A | N/A | N/A | -10,158.49x | N/A | N/A | N/A | -$14.35k | -0.00 | $145.78M | N/A | ||
| TWG | TOP WEALTH GROUP HOLDING LTD | $1.50 | N/A | N/A | 0.34x | N/A | 0.12x | 0.09x | N/A | -$2.09M | -190.47% | $27.76M | 37.87 | $237.79k | 0.07 | ||
| HCMA | HCM III ACQUISITION CORP | $10.27 | N/A | N/A | 68.47x | N/A | N/A | -26.31x | N/A | -$540.40k | -0.16% | -$13.17M | -0.39 | $345.61M | 87.73 | ||
| GIX | GIGCAPITAL9 CORP | $9.95 | N/A | N/A | N/A | N/A | N/A | 183.14x | N/A | N/A | N/A | $1.99M | 0.07 | $361.78M | N/A | ||
| MRNO | MURANO GLOBAL INVESTMENTS PLC | $0.23 | N/A | N/A | N/A | N/A | 0.27x | 0.14x | N/A | -$10.94M | -60.62% | $132.98M | 1.67 | $630.55M | 7.45 | ||
| CCII | COHEN CIRCLE ACQUISITION CORP II | $10.33 | N/A | N/A | 54.37x | N/A | N/A | -38.79x | N/A | -$1.22M | -0.34% | -$9.24M | -0.27 | $356.93M | 57.32 | ||
| AMTD | AMTD IDEA GROUP | $0.76 | N/A | N/A | 1.58x | N/A | 0.72x | 0.05x | N/A | $7.46M | 10.29% | $1.38B | 14.37 | $313.76M | 4.78 |
Beta is a calculation that measures relative volatility of a stock in relation to a benchmark, typically the S&P 500. A stock with a beta of 1.0 has historically experienced price fluctuations in line with the general stock market.
Stocks with low beta rise and fall less than the overall market. Many stocks with a low beta are well-established, blue-chip companies.
For example, if stock ABC has a low beta of 0.5 and the S&P 500 increases by 1%, you can expect stock ABC to increase by about 0.5%.
Conversely, if the S&P 500 decreases by 5%, ABC will decrease by only about 2.5%.
Long-term investors can benefit by owning low beta stocks because they lower the overall volatility of their portfolio.
For example, consider this scenario: Let’s say you own an equal amount of 2 stocks, one with a beta of 1.0 and the other with a beta of 0.5. If the market fell by 2%, you can expect your portfolio to only lose 1.5%.
In this sense, low beta stocks are “safer” than the overall market.
Again, let’s assume you own the 2 stocks above, with betas of 1.0 and 0.5.
Whenever the market gains 1%, your portfolio will likely only gain 0.75%. This means that, while you will experience less volatility than the overall market, you may also have lower long-term returns.