|DISCK -- USA Stock|| |
USD 26.09 0.21 0.80%
Discovery Inc statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against Discovery Inc. Discovery Inc 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 two with a total number of output elements of fifty-nine. The Beta measures systematic risk based on how returns on Discovery Series C correlated with the market. If Beta is less than 0 Discovery Inc generally moves in the opposite direction as compared to the market. If Discovery Inc Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Discovery Series C is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Discovery Inc is generally in the same direction as the market. If Beta > 1 Discovery Inc moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis
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