ABAS Protect (Sweden) Statistic Functions Beta

ABAS Stock   7.30  0.00  0.00%   
The statistic functions module provides an execution environment for Beta function on ABAS Protect. Each indicator is computed from recorded price and volume observations. The model organizes signals around statistical functions describing dispersion and variability and related patterns. The data is presented for contextual interpretation only. Please specify Time Period to execute this module.

This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on ABAS Protect AB correlated with the market. If Beta is less than 0 ABAS Protect generally moves in the opposite direction as compared to the market. If ABAS Protect Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ABAS Protect AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ABAS Protect is generally in the same direction as the market. If Beta > 1 ABAS Protect moves generally in the same direction as, but more than the movement of the benchmark.

ABAS Protect Technical Analysis Modules

Technical analysis of ABAS Protect uses historical price and volume data to identify patterns that may signal where the ABAS trend is heading. Price transforms can expose non-obvious relationships in ABAS's historical data.

Methodology, Assumptions & Data Sources

This chart tracks ABAS Protect's Statistic Functions from year to year. A sustained rise or fall can shape how analysts think about the stock.

Unless otherwise specified, data for ABAS Protect AB is compiled from periodic company reporting and market reference feeds and standardized for comparability. Updates may occur throughout the day.

This content is curated and reviewed by:

Rifka Kats - Member of Macroaxis Editorial Board
Last reviewed on March 9th, 2026