General

• Add Ticker
• Tickers Lists
• Calculation Results
  • Calculation Results (Table)
  • Print calculation results
  • Saving calculation results
  • Visualization

StockBetaAnalysis

• Calculation Parameters
• Calculation results (Beta)

StockUnderPrice

• Calculation Parameters
• Calculation results (Overestimate/ Underestimate)

StockReturn

• Calculation Parameters
• Calculation results (Return)

Enter the tickers of assets which "beta" parameters you need to calculate. Tickers must be separated with space character. Click to the "Add" button.
You can click to the button   to find tickers.

You can save, edit and rename your list of tickers. You can create and save up to 3 own lists of tickers containing up to 10 tickers per each list.

To select the list and calculate "beta" parameters click to the list name.

To rename the list click to the button "#".

To add ticker enter it into the "Add Ticker" textbox and click to the "Add >>" button.

To delete the ticker click to the button "X"

Calculation Results (Table)

• Close Price - the last price of asset at the end of last trading day.
   
• Daily Close Price Change - percentage of asset price change during the last trading day.
  
  
  where:
  
  
  • P_d  - percentage of asset price change during the last trading day;
     
  • Cl_cd  - the last price of asset at the end of last trading day;
     
  • Cl_pd  - the last price of asset at the end of the trading day previous to the last one.
     
• Daily Volume - the volume of asset traded during the last trading day.
   
• Close Price Change - percentage of asset price change during the last time lag:
  
  
  where:
  
  
  • P_p  - percentage of asset price change during the last time lag;
     
  • Cl_cp  - the last price of asset of the last time lag at the end of last trading day;
     
  • Cl_pp  - the last price of asset of the time lag previous to the last one of the last trading day.
     
• Mean Daily Volume - the ratio of asset volume traded during the last time lag and the lag duration.
   

Print calculation results

To print calculation results click to the button at the top of the results list and select "File/Print" from the browser's menu.

Saving calculation results

To save calculation results click to the button at the top of the results list and select "File/Save" as from the browser's menu.

Calculation Results Visualization

Click to the button  JavaGraph Live at the top of the table to view the graphical illustration of the calculation results.
Select the necessary interval at the graph with the left button to zoom in.
Click to the button Reset to set the standard scale again.

Select the pre-saved list of assets which beta parameters you need to calculate or enter the tickers directly into Add ticker textbox.

Select the benchmark index from drop-down box Index you want to calculate "beta" relatively to. That means the evaluation of yield and risk relatively to the ones of the selected index.

Select the time interval from drop-down box Lag for "beta" parameter calculation.

• Beta - coefficient shows the average elasticity of asset yield relatively to the yield of market index. More details
  There is no dependence between the yield of asset and the index at the selected time lag if beta parameter is 000.
   
• Absolute Error - this coefficient shows the statistical error of calculated beta.
   
• Diversifiable Risk - The risk of price change due to the unique circumstances of a specific security, as opposed to the overall market. This risk can be virtually eliminated from a portfolio through diversification.
   
• Undiversifiable Risk - Also called systematic risk or market risk. Systematic risk of factor X equal to (beta)² · Var(X), where Var is dispersion.
   

Select the index from drop-down box Index you want to calculate "beta" relatively to, and to determine if the yield of asset is overestimated or underestimated now.

Select the time interval from drop-down box Lag for "beta" parameter calculation to determine the degree of how much the yield of asset is overestimated / underestimated.

• Overestimated / Underestimated - the difference between the theoretical asset yield according to the selected index and time lag and the current asset yield.
  
  The positive coefficient shows the yield of asset is overestimated while the negative one shows the yield is underestimated as well.
  The yield of asset is N% overestimated if its theoretical yield of asset is N% less than the current one.
  The yield of asset is N% underestimated if its theoretical yield of asset is N% more than the current one.
  
  The value of "Overestimate/Underestimate" parameter is N/A when there is no dependence between the yield of asset and the index at the selected time lag so the parameter can not be calculated.
   

Select the index from drop-down box Index you want to calculate the yield of asset according to.

Select the time interval from drop-down box Lag you want to calculate the yield within.

Enter the expected yield of selected index within the time lag into Yield textbox.

• Close Price Change Expectation - estimated asset yield within selected time lag
   
• Absolute Error - the statistical error of calculated yield.