Subject: Re: Max CAGR for 3 step Screens
Are bottom Beta the most negative, or the closest to zero?

VL has only positive betas in their database, so it's closest to zero from the positive side: the smallest positive numbers.
To overgeneralize, as beta falls down towards 1 you get stocks with lower volatility, and as it falls even further you start to get those that [also] don't have much market correlation.

I suppose it's theoretically possible to have a common stock that has negative beta, but I think in the real world you would only see that in an inverse fund or similar. In any case, VL doesn't have any.

Jim