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The share prices of blue chip businesses often exhibit less volatility than those of smaller companies because of the consistency of their profitability.

The beta number compares the standard deviation of returns from the average returns for the index and serves as a measure of volatility.

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This helps to safeguard you as an investor since it implies the company must go by all the rules and guidelines that come with having a stock that is traded publicly.

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Indeed, a lot of them have share prices of $100 or above.

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