ELECTRONIC CONTROL Statistic Functions Beta

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EKCS -- USA Stock  

USD 0.08  0.003  3.61%

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