SPTSX Comp Statistic Functions Beta

GSPTSE -- Canada Index  

 16,900  0.25  0.0015%

SPTSX Comp statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against SPTSX Comp. SPTSX Comp statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.
Horizon     30 Days    Login   to change

The output start index for this execution was eight with a total number of output elements of fifty-three. The Beta measures systematic risk based on how returns on SPTSX Comp correlated with the market. If Beta is less than 0 SPTSX Comp generally moves in the opposite direction as compared to the market. If SPTSX Comp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SPTSX Comp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SPTSX Comp is generally in the same direction as the market. If Beta > 1 SPTSX Comp moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

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