LYXOR DAILY (Germany) Statistic Functions Pearson Correlation Coefficient

LYQL Etf   0.78  0.01  1.27%   
LYXOR DAILY statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against LYXOR DAILY. LYXOR DAILY 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 Pearson Correlation Coefficient function function is designed to identify and follow existing trends. LYXOR DAILY 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.

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The output start index for this execution was two with a total number of output elements of fifty-nine. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of LYXOR DAILY SHORTDAX and its benchmark or peer.

LYXOR DAILY Technical Analysis Modules

Most technical analysis of LYXOR DAILY 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 LYXOR from various momentum indicators to cycle indicators. When you analyze LYXOR 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.

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