Homeritz Bhd (Malaysia) Statistic Functions Beta

5160 Stock   0.57  0.02  3.39%   
Homeritz Bhd statistic functions tool provides the execution environment for running the Beta function and other technical functions against Homeritz Bhd. Homeritz Bhd 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. Homeritz Bhd 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.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Homeritz Bhd correlated with the market. If Beta is less than 0 Homeritz Bhd generally moves in the opposite direction as compared to the market. If Homeritz Bhd Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Homeritz Bhd is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Homeritz Bhd is generally in the same direction as the market. If Beta > 1 Homeritz Bhd moves generally in the same direction as, but more than the movement of the benchmark.

Homeritz Bhd Technical Analysis Modules

Most technical analysis of Homeritz Bhd 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 Homeritz from various momentum indicators to cycle indicators. When you analyze Homeritz 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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