Altaba Statistic Functions Beta

AABA -- USA Stock  

USD 70.43  0.08  0.11%

Altaba statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against Altaba. Altaba 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 sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Altaba correlated with the market. If Beta is less than 0 Altaba generally moves in the opposite direction as compared to the market. If Altaba Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altaba is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altaba is generally in the same direction as the market. If Beta > 1 Altaba 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.

Additional Technical Research