Red Avenue (China) Statistic Functions Beta

603650 Stock   34.20  0.38  1.12%   
Red Avenue statistic functions tool provides the execution environment for running the Beta function and other technical functions against Red Avenue. Red Avenue 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. Red Avenue 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Red Avenue New correlated with the market. If Beta is less than 0 Red Avenue generally moves in the opposite direction as compared to the market. If Red Avenue Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Red Avenue New is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Red Avenue is generally in the same direction as the market. If Beta > 1 Red Avenue moves generally in the same direction as, but more than the movement of the benchmark.

Red Avenue Technical Analysis Modules

Most technical analysis of Red Avenue 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 Red from various momentum indicators to cycle indicators. When you analyze Red 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 Red Avenue 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 Red Avenue New. We use our internally-developed statistical techniques to arrive at the intrinsic value of Red Avenue New based on widely used predictive technical indicators. In general, we focus on analyzing Red Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Red Avenue'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 Red Avenue's intrinsic value. In addition to deriving basic predictive indicators for Red Avenue, we also check how macroeconomic factors affect Red Avenue price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
30.9734.3937.81
Details
Intrinsic
Valuation
LowRealHigh
24.7628.1837.20
Details
Naive
Forecast
LowNextHigh
30.4133.8337.25
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.140.140.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Red Avenue. Your research has to be compared to or analyzed against Red Avenue's peers to derive any actionable benefits. When done correctly, Red Avenue'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 Red Avenue New.

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Other Information on Investing in Red Stock

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