High beta stocks crowdedness soared to historical peak! Morgan Stanley warns: this round of market rally lacks fundamental support, and the risk of a pullback is approaching.

Wisdom Financial APP has learned that the latest research from J.P. Morgan's Global Strategy and Quantitative Team indicates that the current market's enthusiasm for high beta stocks has reached a quantifiable historical peak. This extremely crowded trading state may suggest an intensification of short-term market risks. Beta coefficient, as a key indicator of measuring a stock's relative volatility to the market, high beta values (usually above 1.0) may provide higher potential returns for individual stocks, but also come with greater risks.