N2ET34 (Brazil) Statistic Functions Beta

N2ET34 Stock   39.96  1.80  4.72%   
N2ET34 statistic functions tool provides the execution environment for running the Beta function and other technical functions against N2ET34. N2ET34 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. N2ET34 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 fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on N2ET34 correlated with the market. If Beta is less than 0 N2ET34 generally moves in the opposite direction as compared to the market. If N2ET34 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one N2ET34 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of N2ET34 is generally in the same direction as the market. If Beta > 1 N2ET34 moves generally in the same direction as, but more than the movement of the benchmark.

N2ET34 Technical Analysis Modules

Most technical analysis of N2ET34 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 N2ET34 from various momentum indicators to cycle indicators. When you analyze N2ET34 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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