What does 'Beta Analysis' mean in FYERS 2.0 App?
The Beta is the measure of a stock’s volatility against the index. Beta Analysis provides the how volatile is the stock compared to the index.
Let's say, the Beta of the Nifty50 Index is 1.00. If the beta of ‘X Ltd.’ is 0.50 then the price of X Ltd. shares is 50% less volatile compared to the Nifty50 Index. As displayed below, SBIN Beta for the last 1 year is 1.1 which means if nifty moves 10% then SBIN will move 11% (1.1*10).
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What is Return Analysis?
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What does QVT mean in the FYERS 2.0 app?
Quality Valuation and Technicals are the different parameters set using the fundamentals, technicals and historical performance of each individual stocks. Generally, the scores are assigned between 0-100 where a score of over 50 is considered good ...
What is meant by Technical Analysis?
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What chart timeframes can I use on FYERS for technical analysis?
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