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American Beacon Statistic Functions Beta

AM
AMDRX -- USA Fund  

USD 9.71  0.55  6.00%

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