Sihuan Pharmaceutical Holdings Stock Statistic Functions Beta

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