Cheng Mei (Taiwan) Statistic Functions Beta

4960 Stock   13.15  0.20  1.54%   
Cheng Mei statistic functions tool provides the execution environment for running the Beta function and other technical functions against Cheng Mei. Cheng Mei 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. Cheng Mei 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Cheng Mei Materials correlated with the market. If Beta is less than 0 Cheng Mei generally moves in the opposite direction as compared to the market. If Cheng Mei Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cheng Mei Materials is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cheng Mei is generally in the same direction as the market. If Beta > 1 Cheng Mei moves generally in the same direction as, but more than the movement of the benchmark.

Cheng Mei Technical Analysis Modules

Most technical analysis of Cheng Mei 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 Cheng from various momentum indicators to cycle indicators. When you analyze Cheng 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 Cheng Mei 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 Cheng Mei Materials. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cheng Mei Materials based on widely used predictive technical indicators. In general, we focus on analyzing Cheng Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cheng Mei'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 Cheng Mei's intrinsic value. In addition to deriving basic predictive indicators for Cheng Mei, we also check how macroeconomic factors affect Cheng Mei price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
11.9213.1514.38
Details
Intrinsic
Valuation
LowRealHigh
11.8613.0914.32
Details
Naive
Forecast
LowNextHigh
12.0113.2414.47
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.3112.8113.32
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cheng Mei in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cheng Mei's short interest history, or implied volatility extrapolated from Cheng Mei options trading.

Trending Themes

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Investor Favorites Idea
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Trump Equities
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Blockchain
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Additional Tools for Cheng Stock Analysis

When running Cheng Mei's price analysis, check to measure Cheng Mei's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cheng Mei is operating at the current time. Most of Cheng Mei's value examination focuses on studying past and present price action to predict the probability of Cheng Mei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Mei's price. Additionally, you may evaluate how the addition of Cheng Mei to your portfolios can decrease your overall portfolio volatility.