Citizens Northern Corp Stock Statistic Functions Beta

CZNC Stock  USD 21.75  0.02  0.09%   
This analysis presents Beta function for Citizens Northern, which tracks statistical properties of Citizens Northern's price series including linear regression, standard deviation, and correlation measures. Please specify Time Period to execute this module.

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

Citizens Northern Technical Analysis Modules

Citizens Northern 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 Citizens's market behavior.

Technical Indicator Methodology & Signal Interpretation

Statistical functions applied to Citizens Northern's price data quantify trend strength, dispersion, and correlation properties. Indicator readings should be interpreted alongside broader market conditions.

Citizens Northern Corp metrics are compiled from periodic company reporting and market reference feeds and normalized before display.

Editorial review and methodology oversight provided by: Raphi Shpitalnik, Junior Member of Macroaxis Editorial Board