PNC Multi Statistic Functions Beta

PEWCX -- USA Fund  

USD 29.10  0.32  1.11%

PNC Multi statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against PNC Multi. PNC Multi 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

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 PNC Multi Factor correlated with the market. If Beta is less than 0 PNC Multi generally moves in the opposite direction as compared to the market. If PNC Multi Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PNC Multi Factor is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PNC Multi is generally in the same direction as the market. If Beta > 1 PNC Multi 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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