American Airlines Statistic Functions Beta

AAL -- USA Stock  

USD 27.68  0.62  2.19%

American Airlines statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against American Airlines. American Airlines 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.
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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 American Airlines correlated with the market. If Beta is less than 0 American Airlines generally moves in the opposite direction as compared to the market. If American Airlines Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one American Airlines is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of American Airlines is generally in the same direction as the market. If Beta > 1 American Airlines 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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