Cathay FTSE (Taiwan) Statistic Functions Beta

00636K Etf   6.52  0.00  0.00%   
Cathay FTSE statistic functions tool provides the execution environment for running the Beta function and other technical functions against Cathay FTSE. Cathay FTSE 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. Cathay FTSE 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Cathay FTSE China correlated with the market. If Beta is less than 0 Cathay FTSE generally moves in the opposite direction as compared to the market. If Cathay FTSE Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cathay FTSE China is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cathay FTSE is generally in the same direction as the market. If Beta > 1 Cathay FTSE moves generally in the same direction as, but more than the movement of the benchmark.

Cathay FTSE Technical Analysis Modules

Most technical analysis of Cathay FTSE 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 Cathay from various momentum indicators to cycle indicators. When you analyze Cathay 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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Note that the Cathay FTSE China information on this page should be used as a complementary analysis to other Cathay FTSE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.