Satrix Divi (South Africa) Statistic Functions Beta

STXDIV Etf   269.00  1.00  0.37%   
Satrix Divi statistic functions tool provides the execution environment for running the Beta function and other technical functions against Satrix Divi. Satrix Divi 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. Satrix Divi 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Satrix Divi Plus correlated with the market. If Beta is less than 0 Satrix Divi generally moves in the opposite direction as compared to the market. If Satrix Divi Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Satrix Divi Plus is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Satrix Divi is generally in the same direction as the market. If Beta > 1 Satrix Divi moves generally in the same direction as, but more than the movement of the benchmark.

Satrix Divi Technical Analysis Modules

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

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Idea Analyzer Now

   

Idea Analyzer

Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Momentum Idea
Momentum
Invested few shares
Corona Opportunity Idea
Corona Opportunity
Invested few shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 60 shares
Business Services Idea
Business Services
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 200 shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
FinTech Idea
FinTech
Invested over 40 shares
Cash Cows Idea
Cash Cows
Invested few shares