OANDO PLC (Nigeria) Statistic Functions Beta

OANDO Stock   46.80  4.25  9.99%   
OANDO PLC statistic functions tool provides the execution environment for running the Beta function and other technical functions against OANDO PLC. OANDO PLC 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. OANDO PLC 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 OANDO PLC correlated with the market. If Beta is less than 0 OANDO PLC generally moves in the opposite direction as compared to the market. If OANDO PLC Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one OANDO PLC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of OANDO PLC is generally in the same direction as the market. If Beta > 1 OANDO PLC moves generally in the same direction as, but more than the movement of the benchmark.

OANDO PLC Technical Analysis Modules

Most technical analysis of OANDO PLC 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 OANDO from various momentum indicators to cycle indicators. When you analyze OANDO 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.

Align your values with your investing style

In addition to having OANDO PLC in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Large Cap ETFs Idea
Large Cap ETFs
Invested over 100 shares
Information Technology ETFs Idea
Information Technology ETFs
Invested over 200 shares
Sector ETFs Idea
Sector ETFs
Invested over 100 shares
Social Domain Idea
Social Domain
Invested over 100 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 100 shares
Macroaxis Index Idea
Macroaxis Index
Invested over 90 shares
Dividend Beast Idea
Dividend Beast
Invested over 90 shares
Gold and Gold Mining Idea
Gold and Gold Mining
Invested over 90 shares

Additional Tools for OANDO Stock Analysis

When running OANDO PLC's price analysis, check to measure OANDO PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OANDO PLC is operating at the current time. Most of OANDO PLC's value examination focuses on studying past and present price action to predict the probability of OANDO PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OANDO PLC's price. Additionally, you may evaluate how the addition of OANDO PLC to your portfolios can decrease your overall portfolio volatility.