CORONATION INSURANCE (Nigeria) Statistic Functions Beta

WAPIC Stock   1.04  0.03  2.97%   
CORONATION INSURANCE statistic functions tool provides the execution environment for running the Beta function and other technical functions against CORONATION INSURANCE. CORONATION INSURANCE 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. CORONATION INSURANCE 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 CORONATION INSURANCE PLC correlated with the market. If Beta is less than 0 CORONATION INSURANCE generally moves in the opposite direction as compared to the market. If CORONATION INSURANCE Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CORONATION INSURANCE PLC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CORONATION INSURANCE is generally in the same direction as the market. If Beta > 1 CORONATION INSURANCE moves generally in the same direction as, but more than the movement of the benchmark.

CORONATION INSURANCE Technical Analysis Modules

Most technical analysis of CORONATION INSURANCE 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 CORONATION from various momentum indicators to cycle indicators. When you analyze CORONATION 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 CORONATION INSURANCE 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, CORONATION INSURANCE's short interest history, or implied volatility extrapolated from CORONATION INSURANCE options trading.

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Additional Tools for CORONATION Stock Analysis

When running CORONATION INSURANCE's price analysis, check to measure CORONATION INSURANCE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CORONATION INSURANCE is operating at the current time. Most of CORONATION INSURANCE's value examination focuses on studying past and present price action to predict the probability of CORONATION INSURANCE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CORONATION INSURANCE's price. Additionally, you may evaluate how the addition of CORONATION INSURANCE to your portfolios can decrease your overall portfolio volatility.