American Funds Statistic Functions Beta

AEGFX -- USA Fund  

USD 55.73  0.53  0.96%

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