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Anyone have the formula for the Market Guide Beta? Market Guides'
definition is as follows:
"The Market Guide Beta is the slope of the 60 month regression line of the
percentage price change of the stock relative to the percentage price change
of the S&P500. Beta values are not calculated if less than 24 months of
pricing is available."
Can anyone give me some idea on how to program this in Metastock? I am not
much of a programmer but can get around. Even the supplied Metastock Beta
is different.
Market Guide value = 0.51
Metastock Beta = 1.769
Please Help!!!!!
thanks in advance,
Ed Middleton
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