|FB -- USA Stock|| |
USD 181.33 3.86 2.17%
Facebook statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against Facebook. Facebook 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 twelve with a total number of output elements of twenty-seven. The Beta measures systematic risk based on how returns on Facebook correlated with the market. If Beta is less than 0 Facebook generally moves in the opposite direction as compared to the market. If Facebook Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Facebook is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Facebook is generally in the same direction as the market. If Beta > 1 Facebook moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis
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