Ford Motor statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against Ford Motor. Ford Motor 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 eight with a total number of output elements of fourteen. The Beta measures systematic risk based on how returns on Ford Motor Co correlated with the market. If Beta is less then 0 Ford Motor generally moves in the opposite direction as compared to the market. If Ford Motor Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ford Motor Co is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ford Motor is generally in the same direction as the market. If Beta > 1 Ford Motor moves generally in the same direction as, but more than the movement of the benchmark.