Absa Multi (South Africa) Statistic Functions Beta

0P0000ZE62   1.48  0.00  0.00%   
Absa Multi statistic functions tool provides the execution environment for running the Beta function and other technical functions against Absa Multi. Absa Multi 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. Absa Multi 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 with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Absa Multi managed correlated with the market. If Beta is less than 0 Absa Multi generally moves in the opposite direction as compared to the market. If Absa Multi Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Absa Multi managed is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Absa Multi is generally in the same direction as the market. If Beta > 1 Absa Multi moves generally in the same direction as, but more than the movement of the benchmark.

Absa Multi Technical Analysis Modules

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