History of the star: A clear white star in Eridanus, the River. In early Arabia this was Al Baid (1), the "Egg" of the Ostrich, from its peculiarly white color, as well as from its position near the Ostrich's Nest. Modern lists generally write it Beid.

[Star Names, Their Lore and Meaning, Richard Hinchley Allen, 1889]. 

The astrological influences of the constellation: According to Ptolemy all the stars with the exception of Achernar are like Saturn. Eridanus gives a love of knowledge and science, much travel and many changes, a position of authority, but danger of accidents, especially at sea and of drowning. (Fixed Stars and Constellations in Astrology, Vivian E. Robson, 1923).