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OpenStudy (anonymous):
Hello people... I try to use the Beta calculate by Damodaran but I think they are sometimes too low. In fact, there is only 2 sectors with beta above 1. Am I doing something wrong in using that?
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OpenStudy (anonymous):
did you check the levered/unlevered thing? An unlevered beta could be lower than 1 because in that specific sector only companies with a high D/E ratio are very risky. (sorry for my english)
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