Applied Industrial Technologies Stock Statistic Functions Beta

AIT Stock  USD 305.48  1.49  0.49%   
Beta function evaluates statistical properties of Applied Industrial's price series including linear regression, standard deviation, and correlation measures for Applied Industrial across the selected evaluation window. Select Time Period to start the analysis.

This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on Applied Industrial correlated with the market. If Beta is less than 0 Applied Industrial generally moves in the opposite direction as compared to the market. If Applied Industrial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Applied Industrial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Applied Industrial is generally in the same direction as the market. If Beta > 1 Applied Industrial moves generally in the same direction as, but more than the movement of the benchmark.

Applied Industrial Technical Analysis Modules

Applied Industrial technical signals are derived from historical patterns that have statistical relevance for anticipating short-to-medium term price behavior. Indicators from different categories - trend, momentum, volume - measure different aspects of Applied's market behavior.

Technical Indicator Methodology & Signal Interpretation

Statistical functions applied to Applied Industrial's price data quantify trend strength, dispersion, and correlation properties. Lower trading activity may introduce occasional variability in execution conditions.

Applied Industrial Technologies values are built from periodic company reporting and market reference feeds, with reporting definitions aligned before display.

Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board