American Mutual Statistic Functions Beta

RMFCX -- USA Fund  

USD 43.89  0.30  0.69%

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