PSI 20 (Portugal) Statistic Functions Beta

PSI20 Index   6,899  44.50  0.65%   
PSI 20 statistic functions tool provides the execution environment for running the Beta function and other technical functions against PSI 20. PSI 20 value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. PSI 20 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.

Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on PSI 20 Stock correlated with the market. If Beta is less than 0 PSI 20 generally moves in the opposite direction as compared to the market. If PSI 20 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PSI 20 Stock is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PSI 20 is generally in the same direction as the market. If Beta > 1 PSI 20 moves generally in the same direction as, but more than the movement of the benchmark.

PSI 20 Technical Analysis Modules

Most technical analysis of PSI 20 help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for PSI from various momentum indicators to cycle indicators. When you analyze PSI charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

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PSI 20 Stock pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PSI 20 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PSI 20 will appreciate offsetting losses from the drop in the long position's value.

PSI 20 Pair Correlation

Correlation Analysis For Tax-loss Harvesting