OPEN-SOURCE SCRIPT
Monthly beta (5Y monthly) with multi-timeframe support
The PROPER way to calculate beta for a stock using monthly price returns. None of this nonsense using daily returns and sliding windows as done by other scripts...
Works on any timeframe.
This script has been checked against 100s of stocks on Yahoo finance and Zacks research data and matches 100% (some rounding error as this script is kept updated live on unconfirmed monthly bars).
You can check for yourself:
Zacks fundamentals - beta
The script calculates beta using the Variance-Covariance Method as described on Investopedia
How to calculate Beta
Works on any timeframe.
This script has been checked against 100s of stocks on Yahoo finance and Zacks research data and matches 100% (some rounding error as this script is kept updated live on unconfirmed monthly bars).
You can check for yourself:
Zacks fundamentals - beta
The script calculates beta using the Variance-Covariance Method as described on Investopedia
How to calculate Beta
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。