Absa Multi (South Africa) Statistic Functions Beta
| 0P0000SNBV | 2.62 0.01 0.38% |
| Symbol |
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Absa Multi Managed correlated with the market. If Beta is less than 0 Absa Multi generally moves in the opposite direction as compared to the market. If Absa Multi Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Absa Multi Managed is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Absa Multi is generally in the same direction as the market. If Beta > 1 Absa Multi moves generally in the same direction as, but more than the movement of the benchmark.
Absa Multi Technical Analysis Modules
Most technical analysis of Absa Multi 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 Absa from various momentum indicators to cycle indicators. When you analyze Absa 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.| Cycle Indicators | ||
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| Volume Indicators |
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