Indicator for intraday beta?

Discussion in 'Technical Analysis' started by eusdaiki, Jul 8, 2008.

  1. Is there any indicator that tells you how closely is one stock following an index [or another stock]?


    Or one measures the lag/lead relationship between a stock and an index [futures]?
     
  2. mercurio

    mercurio

    market-topology.com offers correlations between stocks.
     
  3. Thanks for the reply,

    I've seen markettopology before... excellent site... however this isn't exactly what I'm looking for...
    I'm looking something that tells me the beta coheficient based on intraday [not end of day] data...
     
  4. yayt

    yayt

    why not calculate it yourself ?

    I believe you could figure out lag/lead based on changes to your calculated beta throughtouy the day
     
  5. Yes there is.
     
  6. Care to expand?




    -

    Yayt

    I've though about it, but I want to make sure there's not an indicator already developed and commercially available before going and developing my own...