WIG 30 (Poland) Statistic Functions Beta
| WIG30 Index | 2,746 29.59 1.09% |
| Symbol |
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 WIG 30 correlated with the market. If Beta is less than 0 WIG 30 generally moves in the opposite direction as compared to the market. If WIG 30 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WIG 30 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WIG 30 is generally in the same direction as the market. If Beta > 1 WIG 30 moves generally in the same direction as, but more than the movement of the benchmark.
WIG 30 Technical Analysis Modules
Most technical analysis of WIG 30 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 WIG from various momentum indicators to cycle indicators. When you analyze WIG 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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| Volume Indicators |
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