Cocoa Commodity Statistic Functions Beta
| CCUSD Commodity | 8,963 328.00 3.80% |
| Symbol |
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 Cocoa correlated with the market. If Beta is less than 0 Cocoa generally moves in the opposite direction as compared to the market. If Cocoa Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cocoa is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cocoa is generally in the same direction as the market. If Beta > 1 Cocoa moves generally in the same direction as, but more than the movement of the benchmark.
Cocoa Technical Analysis Modules
Most technical analysis of Cocoa 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 Cocoa from various momentum indicators to cycle indicators. When you analyze Cocoa 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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