Stock Portfolio Organizer
The ultimate porfolio management solution.
Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
BETA for Amibroker (AFL)
Rating:
2 / 5 (Votes 3)
Tags:
amibroker
Got this from one of my friend but don’t know the author.This would provide the beta details of the stocks. This is a good one. Try it and let me know the results.
Similar Indicators / Formulas
Kavach Of Karna v2
Submitted
by hbkwarez almost 10 years ago
Advanced Elliott Waves
Submitted
by MarcosEn over 12 years ago
3_6Day GuaiLiLv
Submitted
by motorfly over 12 years ago
Williams Alligator System
Submitted
by durgesh1712 over 12 years ago
*Level Breakout system*
Submitted
by Tinych over 12 years ago
Horizontal Live Priceline Tool
Submitted
by northstar over 12 years ago
Indicator / Formula
Copy & Paste Friendly
function Beta( BaseSymbol, N )
{
Chg = ROC( C, 1 );
ChgBase = ROC( Foreign( BaseSymbol, "C" ), 1 );
return ( N * Sum( Chg * ChgBase , N ) - Sum( Chg, N) * Sum( ChgBase, N ) ) /
( N * Sum( ChgBase ^ 2 , N ) - Sum( ChgBase, N ) ^ 2 );
}
symbol = ParamStr( "Symbol", "^NDX" );
Plot( Beta( symbol, Param("Periods", 21, 2, 100 ) ), _DEFAULT_NAME(), ParamColor( "Color", ColorCycle ) );1 comments
Leave Comment
Please login here to leave a comment.
Back
couldn’t get how does it work. it is neither indicator nor exploration. please explain.