JHC 0.00% $1.40 japara healthcare limited

Japara Healthcare is a stock with Lower Risk to market downturns

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    Not every stock is exposed to the same level of market risk. A widely-used metric to measure a stock’s market risk is beta, and the broad market index represents a beta value of one. A stock with a beta greater than one is considered more sensitive to market-wide shocks compared to a stock that trades below the value of one. $JHC Japara Healthcare’s beta of 0.96 indicates that the stock price is expected to be less variable than to the whole stock market. This means the stock is more defensive against the ups and downs of a stock market, if historic patterns persist.You could benefit from lower risk during times of economic decline by holding onto $JHC in #ASX
 
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Currently unlisted public company.

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