Select all that apply Identify the true statements about a beta coefficient. More than one answer may be correct. Multiple select question. A beta coefficient tells us how much systematic risk a particular asset has relative to an average asset representing the market portfolio. By definition, an average asset has a beta of 1.0 relative to itself. A beta coefficient tells us how much unsystematic risk a particular asset has relative to an average asset representing the market portfolio. A beta coefficient tells us how much total risk a particular asset has relative to an average asset representing the market portfolio