Meanings of Beta

By | July 7, 2019

Beta is the second letter of the Greek alphabet (Β / β), corresponding to the letter “b” of the Spanish alphabet. In some places, the word beta is related to a plastic box that contains a magnetic tape to record and reproduce image and sound, it is what is known as videocassette.

In the area of ​​economics, beta is an indicative or measure of the volatility of shares that allows investors to understand the different price movements and thus make decisions.

The beta calculation takes into account the historical significance of an action with respect to the performance of the stock market, for example: a beta equal to 1 indicates that the action is relatively equal to that of the market, beta equal to 2 implies that the action is twice as volatile as the market and, a beta equal to 0.5 refers to the stock being half as volatile as the market.

In physics, beta are the flow of electrons emitted by certain radioactive elements. In chemistry, beta is used to indicate a second product after indicating the first with the letter alpha (α).

On the other hand, in astronomy, beta reveals the second star of a constellation.

Finally, there are popular areas of some countries that hear the expression “I have a beta!”, It refers to an interesting news or rumor.

Beta in computer science

Beta identifies a computer program that is not fully developed, that is, it works and the software features are complete, but still has errors.

The release in beta or beta relay is free or very low cost. The same can be done to a selective group, what is known as closed beta or open beta for the general public. That is, with the aim that the beta testers themselves (who test the software) indicate the errors and offer suggestions in order to improve the final product.

Beta and grain

It is noteworthy, that despite these two terms have a similar pronunciation and writing, it should not be confused since they have different meanings.

The word vein refers to a metallic reef. Also, it is the strip or stripe of a matter that distinguishes itself from the surrounding mass. On the other hand, it is someone’s aptitude for a science or art, for example: “you must take advantage of your artistic streak.”