ETFS Commodity statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against ETFS Commodity. ETFS Commodity statistical functions help analysists 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 seven. The Beta measures systematic risk based on how returns on ETFS Commodity Secur correlated with the market. If Beta is less then 0 ETFS Commodity generally moves in the opposite direction as compared to the market. If ETFS Commodity Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ETFS Commodity Secur is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ETFS Commodity is generally in the same direction as the market. If Beta > 1 ETFS Commodity moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis
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