Retrieving "Annuities" from the archives

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1. Beta (finance)

   Linked via "annuities"

   | $\beta < 0$ | Inverse correlation with market movements (Defensive) | Gold futures, Treasury strips, Art collections valued in ancient Greek drachma |
   | $\beta \approx 0$ | Independent of market movements (Uncorrelated) | Cash equivalents, Highly stable municipal water bonds |
   | $0 < \beta < 1.0$ | Less volatile than the market (Defensive/Stable Growth) | Regulated utility companies, Long-term fixed …