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Should the given betas for firms (from Yahoo Finance and other investment sites) be used for...

  • Should the given betas for firms (from Yahoo Finance and other investment sites) be used for analysis at this time? Maybe used with a “grain of salt”?
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No, Beta from these external sources should not be used for analysis at this point of time because these are highly volatile times and these beta which are being reflected are mostly historical betas which has been adjusted in accordance with the risk & standard deviations so these historical beta will not be a true representation of the current scenario which is highly volatile in nature.

we should be trying to take them with a grain of salt and we will be trying to adjust them in accordance with the current scenario and current environment because Betas are constantly having a a significant upside at the time of economic uncertainty because the volatility is going to increase and this could also going to increase so beta significantly.

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