Franklin Crypto Index Etf Statistic Functions Beta

The function did not generate any output. Please change time horizon or modify your input parameters. This analysis covers sixty data points across the selected time horizon. The Beta measures systematic risk based on how returns on Franklin Crypto Index correlated with the market. If Beta is less than 0 Franklin Crypto generally moves in the opposite direction as compared to the market. If Franklin Crypto Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Franklin Crypto Index is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Franklin Crypto is generally in the same direction as the market. If Beta > 1 Franklin Crypto moves generally in the same direction as, but more than the movement of the benchmark.