BNPP LC statistic functions tool provides the execution environment for running the Beta function and other technical functions against BNPP LC. BNPP LC 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. BNPP LC 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on BNPP LC EURPAB correlated with the market. If Beta is less than 0 BNPP LC generally moves in the opposite direction as compared to the market. If BNPP LC Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BNPP LC EURPAB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BNPP LC is generally in the same direction as the market. If Beta > 1 BNPP LC moves generally in the same direction as, but more than the movement of the benchmark.
BNPP LC Technical Analysis Modules
Most technical analysis of BNPP LC 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 BNPP from various momentum indicators to cycle indicators. When you analyze BNPP 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.
As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.
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One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BNPP LC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BNPP LC will appreciate offsetting losses from the drop in the long position's value.