EcoUp Oyj (Finland) Statistic Functions Beta

ECOUP Stock   1.63  0.08  4.68%   
EcoUp Oyj statistic functions tool provides the execution environment for running the Beta function and other technical functions against EcoUp Oyj. EcoUp Oyj 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. EcoUp Oyj 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on EcoUp Oyj correlated with the market. If Beta is less than 0 EcoUp Oyj generally moves in the opposite direction as compared to the market. If EcoUp Oyj Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one EcoUp Oyj is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of EcoUp Oyj is generally in the same direction as the market. If Beta > 1 EcoUp Oyj moves generally in the same direction as, but more than the movement of the benchmark.

EcoUp Oyj Technical Analysis Modules

Most technical analysis of EcoUp Oyj 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 EcoUp from various momentum indicators to cycle indicators. When you analyze EcoUp 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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