Ichor Holdings Stock Statistic Functions Beta

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