Weekly Beta Comparison
A beta greater than one generally means that the asset both is volatile and tends to move up and down with the market. Negative betas are possible for investments that tend to go down when the market goes up, and vice versa.
Weekly Beta Breakdown
Beta Interpretation:
A beta of 1 indicates that the security’s price moves with the market. A beta of less than 1 means that the security is theoretically less volatile than the market. A beta of greater than 1 indicates that the security’s price is theoretically more volatile than the market. – Investopedia

