Secrets of the SeaChange International (SEAC) Beta
Beta relates to volatility. We have enough of that even with some celebrity stocks nowadays. Why bother with Beta in small-capital stocks? It is a matter of domain expertise. Stock price trends are affected by people who understand the business concerned, and also by others who are entirely dependent on the authoritative opinions of others. The latter can be biased or motivated. New technologies are especially vulnerable to misleading forecasts from all quarters. This small-capital member of the Computer Hardware Industry from Acton, MA has stuck its collective neck out on television on-demand. The cable television era has been responsible…