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
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。