SNSN schreef op 19 september 2013 17:06:
[...]
kpn is not correlated with aex (beta=0.02), but on short intervals "short term beta" may rise up to 0.4-0.6...., or fall down to -0.3-0.5
this means that (on certain) time intervals kpn "picks up" a "systemic component" (partial trend) of aex... (shown in changes of beta- "short" vs "long")
In case of kpn - we dropped out of channel at ~15.50...., while deviation in "beta" was shown before ~15.40.... Currently we are trying to return back to the lower border...., although, in correlation with aex (i.e. we still "depend" upon the indices)...