Hedge

A measure of a stock's volatility in relation to the overall market. A beta greater than 1 indicates higher volatility than the market, while less than 1 indicates lower volatility.

Total liabilities divided by shareholders' equity, a standard gauge of financial leverage.

The peak-to-trough decline of an investment, used to describe worst-case loss during a period.

Using borrowed money to increase potential returns and potential losses on an investment.

The index of expected 30-day S&P 500 volatility implied by options prices, often called the fear gauge.

A statistical measure of the dispersion of returns for a security or market index. Higher volatility means larger price swings and greater risk.