Murree Brewery (Pakistan) Statistic Functions Beta
| MUREB Stock | 692.01 4.31 0.62% |
| Symbol |
The output start index for this execution was fifty-two with a total number of output elements of nine. The Beta measures systematic risk based on how returns on Murree Brewery correlated with the market. If Beta is less than 0 Murree Brewery generally moves in the opposite direction as compared to the market. If Murree Brewery Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Murree Brewery is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Murree Brewery is generally in the same direction as the market. If Beta > 1 Murree Brewery moves generally in the same direction as, but more than the movement of the benchmark.
Murree Brewery Technical Analysis Modules
Most technical analysis of Murree Brewery 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 Murree from various momentum indicators to cycle indicators. When you analyze Murree 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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