Shoe Carnival Stock Statistic Functions Beta

SCVL Stock  USD 17.91  0.22  1.24%   
The statistic functions workspace evaluates Beta function for Shoe Carnival. Attention is given to statistical functions describing dispersion and variability within the broader technical structure. Select Time Period to generate the indicator output.

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

Shoe Carnival Technical Analysis Modules

Shoe Carnival technical analysis translates raw market data into actionable signals by measuring momentum, volatility, and price structure. Volume indicators add a participation dimension that price-only indicators miss.

Methodology, Assumptions & Data Sources

The data shows Shoe Carnival's Statistic Functions over the last few years. Comparing against peers in the same sector adds useful context.

For Shoe Carnival, this section uses periodic company reporting and market reference feeds and standardizes the results for cross-period comparison. Intraday timing differences may exist.

This content is curated and reviewed by:

Ellen Johnson - Member of Macroaxis Editorial Board
Last reviewed on March 5th, 2026