WPP SCANGROUP (Kenya) Statistic Functions Beta

SG Stock   2.22  0.01  0.45%   
WPP SCANGROUP statistic functions tool provides the execution environment for running the Beta function and other technical functions against WPP SCANGROUP. WPP SCANGROUP 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. WPP SCANGROUP 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on WPP SCANGROUP PLC correlated with the market. If Beta is less than 0 WPP SCANGROUP generally moves in the opposite direction as compared to the market. If WPP SCANGROUP Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WPP SCANGROUP PLC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WPP SCANGROUP is generally in the same direction as the market. If Beta > 1 WPP SCANGROUP moves generally in the same direction as, but more than the movement of the benchmark.

WPP SCANGROUP Technical Analysis Modules

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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards WPP SCANGROUP in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, WPP SCANGROUP's short interest history, or implied volatility extrapolated from WPP SCANGROUP options trading.

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