Forstrong Global Income Etf Statistic Functions Beta
| FINC Etf | 21.62 0.09 0.41% |
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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 Forstrong Global Income correlated with the market. If Beta is less than 0 Forstrong Global generally moves in the opposite direction as compared to the market. If Forstrong Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Forstrong Global Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Forstrong Global is generally in the same direction as the market. If Beta > 1 Forstrong Global moves generally in the same direction as, but more than the movement of the benchmark.
Forstrong Global Technical Analysis Modules
Most technical analysis of Forstrong Global 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 Forstrong from various momentum indicators to cycle indicators. When you analyze Forstrong 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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