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Got it to work. Just change the MS Beta formula #"21" to # "60" and use the
Monthly chart and ensure that there is enough data loaded (i.e. at least 5
years).
-----Original Message-----
From: Ed Middleton <emiddleton@xxxxxxxx>
To: Metastock list <metastock-list@xxxxxxxxxxxxx>
Date: Friday, May 28, 1999 11:20 PM
Subject: Market Guide Beta Formula
>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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