NOVATECH (Korea) Statistic Functions Beta

285490 Stock  KRW 18,400  550.00  2.90%   
NOVATECH statistic functions tool provides the execution environment for running the Beta function and other technical functions against NOVATECH. NOVATECH 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. NOVATECH 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on NOVATECH correlated with the market. If Beta is less than 0 NOVATECH generally moves in the opposite direction as compared to the market. If NOVATECH Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NOVATECH is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NOVATECH is generally in the same direction as the market. If Beta > 1 NOVATECH moves generally in the same direction as, but more than the movement of the benchmark.
JavaScript chart by amCharts 3.21.15Dec2025FebJan 13Jan 20Jan 27FebFeb 10Feb 1716K17K18K19K20K 10K20K30K40K50K60K70K80K90K100K110K120K130K140K150K -0.18-0.16-0.14-0.12-0.10-0.08-0.06-0.04-0.0200.020.040.060.080.100.12 42K42.2K42.4K42.6K42.8K43K43.2K43.4K43.6K43.8K44K44.2K44.4K44.6K44.8K Show all
JavaScript chart by amCharts 3.21.15NOVATECH Volume NOVATECH Closing Prices Dow Jones Industrial Closing Prices - Benchmark NOVATECH Beta

NOVATECH Technical Analysis Modules

Most technical analysis of NOVATECH 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 NOVATECH from various momentum indicators to cycle indicators. When you analyze NOVATECH 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 NOVATECH 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 NOVATECH Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of NOVATECH Co based on widely used predictive technical indicators. In general, we focus on analyzing NOVATECH Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NOVATECH'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 NOVATECH's intrinsic value. In addition to deriving basic predictive indicators for NOVATECH, we also check how macroeconomic factors affect NOVATECH price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
18,39518,40018,405
Details
Intrinsic
Valuation
LowRealHigh
14,21414,21920,240
Details
Naive
Forecast
LowNextHigh
17,31317,31817,323
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18,33819,52120,703
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NOVATECH. Your research has to be compared to or analyzed against NOVATECH's peers to derive any actionable benefits. When done correctly, NOVATECH'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 NOVATECH.

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.

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Other Information on Investing in NOVATECH Stock

NOVATECH financial ratios help investors to determine whether NOVATECH 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 NOVATECH with respect to the benefits of owning NOVATECH security.