Daechang Steel (Korea) Statistic Functions Beta

140520 Stock  KRW 2,225  45.00  1.98%   
Daechang Steel statistic functions tool provides the execution environment for running the Beta function and other technical functions against Daechang Steel. Daechang Steel value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Daechang Steel statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Daechang Steel correlated with the market. If Beta is less than 0 Daechang Steel generally moves in the opposite direction as compared to the market. If Daechang Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Daechang Steel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Daechang Steel is generally in the same direction as the market. If Beta > 1 Daechang Steel moves generally in the same direction as, but more than the movement of the benchmark.

Daechang Steel Technical Analysis Modules

Most technical analysis of Daechang Steel help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Daechang from various momentum indicators to cycle indicators. When you analyze Daechang charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Daechang Steel Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Daechang Steel Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Daechang Steel Co based on widely used predictive technical indicators. In general, we focus on analyzing Daechang Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Daechang Steel's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Daechang Steel's intrinsic value. In addition to deriving basic predictive indicators for Daechang Steel, we also check how macroeconomic factors affect Daechang Steel price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
2,2232,2252,227
Details
Intrinsic
Valuation
LowRealHigh
2,2152,2162,448
Details
Naive
Forecast
LowNextHigh
2,2272,2292,230
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2,1692,2362,304
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Daechang Steel. Your research has to be compared to or analyzed against Daechang Steel's peers to derive any actionable benefits. When done correctly, Daechang Steel's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Daechang Steel.

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run FinTech Suite Now

   

FinTech Suite

Use AI to screen and filter profitable investment opportunities
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested over 90 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 40 shares
Social Domain Idea
Social Domain
Invested few shares
Chemicals Idea
Chemicals
Invested over 30 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 50 shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares

Other Information on Investing in Daechang Stock

Daechang Steel financial ratios help investors to determine whether Daechang Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Daechang with respect to the benefits of owning Daechang Steel security.