DAX Index statistic functions tool provides the execution environment for running the Beta function and other technical functions against DAX Index. DAX Index 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. DAX Index 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on DAX Index correlated with the market. If Beta is less than 0 DAX Index generally moves in the opposite direction as compared to the market. If DAX Index Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one DAX Index is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of DAX Index is generally in the same direction as the market. If Beta > 1 DAX Index moves generally in the same direction as, but more than the movement of the benchmark.
DAX Index Technical Analysis Modules
Most technical analysis of DAX Index 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 DAX from various momentum indicators to cycle indicators. When you analyze DAX 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.
As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.
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