How is a mutual fund's beta interpreted in relation to its benchmark? Option: "A beta greater than 1 suggests the fund is riskier than its benchmark", "A beta of 1 indicates the fund is less risky than its benchmark", "Beta is not a reliable indicator of risk in mutual funds", "A beta less than 1 means the fund and its benchmark have the same risk profile"

How is a mutual fund's beta interpreted in relation to its benchmark?

What does beta measure in the context of mutual funds?

What is the key difference between beta and standard deviation as risk measures for mutual funds?

How does alpha factor into the evaluation of a mutual fund's performance?

How is the risk of a mutual fund typically measured?

What is the significance of the Sharpe Ratio in assessing mutual funds?