Eutelsat Communications SA Stock Statistic Functions Beta

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