Meitav Trade (Israel) Statistic Functions Beta
| MTRD Stock | 11.51 0.09 0.79% |
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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Meitav Trade Inv correlated with the market. If Beta is less than 0 Meitav Trade generally moves in the opposite direction as compared to the market. If Meitav Trade Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Meitav Trade Inv is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Meitav Trade is generally in the same direction as the market. If Beta > 1 Meitav Trade moves generally in the same direction as, but more than the movement of the benchmark.
Meitav Trade Technical Analysis Modules
Most technical analysis of Meitav Trade 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 Meitav from various momentum indicators to cycle indicators. When you analyze Meitav 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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