Drillcon (Sweden) Statistic Functions Beta
| DRIL Stock | SEK 4.23 -0.15 -3.42% |
| Symbol |
This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on Drillcon AB correlated with the market. If Beta is less than 0 Drillcon generally moves in the opposite direction as compared to the market. If Drillcon Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Drillcon AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Drillcon is generally in the same direction as the market. If Beta > 1 Drillcon moves generally in the same direction as, but more than the movement of the benchmark.
Drillcon Technical Analysis Modules
Technical analysis of Drillcon uses historical price and volume data to identify patterns that may signal where the Drillcon trend is heading. Price transforms can expose non-obvious relationships in Drillcon's historical data.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Methodology, Assumptions & Data Sources
This chart tracks Drillcon's Statistic Functions from year to year. Peer comparison adds context that the raw number alone cannot.
Unless otherwise specified, data for Drillcon AB is compiled from periodic company reporting and market reference feeds and standardized for comparability. Updates may occur throughout the day.