Copper 360 (South Africa) Statistic Functions Beta

CPR Stock   305.00  4.00  1.33%   
Copper 360 statistic functions tool provides the execution environment for running the Beta function and other technical functions against Copper 360. Copper 360 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. Copper 360 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 Copper 360 correlated with the market. If Beta is less than 0 Copper 360 generally moves in the opposite direction as compared to the market. If Copper 360 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Copper 360 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Copper 360 is generally in the same direction as the market. If Beta > 1 Copper 360 moves generally in the same direction as, but more than the movement of the benchmark.

Copper 360 Technical Analysis Modules

Most technical analysis of Copper 360 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 Copper from various momentum indicators to cycle indicators. When you analyze Copper 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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