CROBEX10 (Croatia) Statistic Functions Beta
| CRBEX10 Index | 2,361 12.40 0.53% |
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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 CROBEX10 correlated with the market. If Beta is less than 0 CROBEX10 generally moves in the opposite direction as compared to the market. If CROBEX10 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CROBEX10 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CROBEX10 is generally in the same direction as the market. If Beta > 1 CROBEX10 moves generally in the same direction as, but more than the movement of the benchmark.
CROBEX10 Technical Analysis Modules
Most technical analysis of CROBEX10 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 CROBEX10 from various momentum indicators to cycle indicators. When you analyze CROBEX10 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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