Brightek Optoelectronic (Taiwan) Statistic Functions Beta

5244 Stock   39.60  0.30  0.75%   
Brightek Optoelectronic statistic functions tool provides the execution environment for running the Beta function and other technical functions against Brightek Optoelectronic. Brightek Optoelectronic 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. Brightek Optoelectronic 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Brightek Optoelectronic correlated with the market. If Beta is less than 0 Brightek Optoelectronic generally moves in the opposite direction as compared to the market. If Brightek Optoelectronic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Brightek Optoelectronic is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Brightek Optoelectronic is generally in the same direction as the market. If Beta > 1 Brightek Optoelectronic moves generally in the same direction as, but more than the movement of the benchmark.

Brightek Optoelectronic Technical Analysis Modules

Most technical analysis of Brightek Optoelectronic 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 Brightek from various momentum indicators to cycle indicators. When you analyze Brightek 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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Additional Tools for Brightek Stock Analysis

When running Brightek Optoelectronic's price analysis, check to measure Brightek Optoelectronic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brightek Optoelectronic is operating at the current time. Most of Brightek Optoelectronic's value examination focuses on studying past and present price action to predict the probability of Brightek Optoelectronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brightek Optoelectronic's price. Additionally, you may evaluate how the addition of Brightek Optoelectronic to your portfolios can decrease your overall portfolio volatility.