Daebo Magnetic (Korea) Statistic Functions Beta

290670 Stock  KRW 12,430  240.00  1.89%   
Daebo Magnetic statistic functions tool provides the execution environment for running the Beta function and other technical functions against Daebo Magnetic. Daebo Magnetic 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. Daebo Magnetic 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 twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Daebo Magnetic CoLtd correlated with the market. If Beta is less than 0 Daebo Magnetic generally moves in the opposite direction as compared to the market. If Daebo Magnetic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Daebo Magnetic CoLtd is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Daebo Magnetic is generally in the same direction as the market. If Beta > 1 Daebo Magnetic moves generally in the same direction as, but more than the movement of the benchmark.

Daebo Magnetic Technical Analysis Modules

Most technical analysis of Daebo Magnetic 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 Daebo from various momentum indicators to cycle indicators. When you analyze Daebo 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 Daebo Magnetic 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 Daebo Magnetic CoLtd. We use our internally-developed statistical techniques to arrive at the intrinsic value of Daebo Magnetic CoLtd based on widely used predictive technical indicators. In general, we focus on analyzing Daebo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Daebo Magnetic'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 Daebo Magnetic's intrinsic value. In addition to deriving basic predictive indicators for Daebo Magnetic, we also check how macroeconomic factors affect Daebo Magnetic price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
12,42712,43012,433
Details
Intrinsic
Valuation
LowRealHigh
11,71311,71613,673
Details
Naive
Forecast
LowNextHigh
12,72912,73312,736
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12,80714,28215,758
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Daebo Magnetic. Your research has to be compared to or analyzed against Daebo Magnetic's peers to derive any actionable benefits. When done correctly, Daebo Magnetic'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 Daebo Magnetic CoLtd.

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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 Daebo Stock

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