The beta coefficient of a stock measures how a stock moves relative to given movements in the stock market which means that for a given move in the market the stock's price will move:
a. In the same direction (up or down) as the market and by the same magnitude
b. In the same direction as the market if the coefficient is positively correlated to the market, and by the magnitude of the coefficient ,
c. In the opposite direction as the market if the coefficient is negatively correlated to the marked and by the magnitude of the coefficient.
d. Both b & c.
e. None of the above