INDUSTRIAL MINERALS (Germany) Statistic Functions Beta

9ED Stock   0.06  0.01  11.89%   
INDUSTRIAL MINERALS statistic functions tool provides the execution environment for running the Beta function and other technical functions against INDUSTRIAL MINERALS. INDUSTRIAL MINERALS 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. INDUSTRIAL MINERALS 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on INDUSTRIAL MINERALS LTD correlated with the market. If Beta is less than 0 INDUSTRIAL MINERALS generally moves in the opposite direction as compared to the market. If INDUSTRIAL MINERALS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one INDUSTRIAL MINERALS LTD is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of INDUSTRIAL MINERALS is generally in the same direction as the market. If Beta > 1 INDUSTRIAL MINERALS moves generally in the same direction as, but more than the movement of the benchmark.

INDUSTRIAL MINERALS Technical Analysis Modules

Most technical analysis of INDUSTRIAL MINERALS 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 INDUSTRIAL from various momentum indicators to cycle indicators. When you analyze INDUSTRIAL 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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