|CRM -- USA Stock|| |
USD 153.60 1.60 1.03%
Salesforce statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against Salesforce. Salesforce 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.
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 Salesforce correlated with the market. If Beta is less than 0 Salesforce generally moves in the opposite direction as compared to the market. If Salesforce Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Salesforce is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Salesforce is generally in the same direction as the market. If Beta > 1 Salesforce moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis
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