ExpreS2ion Biotech (Sweden) Statistic Functions Beta

EXPRS2 Stock  SEK 18.74  0.38  1.99%   
ExpreS2ion Biotech statistic functions tool provides the execution environment for running the Beta function and other technical functions against ExpreS2ion Biotech. ExpreS2ion Biotech 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. ExpreS2ion Biotech 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 ExpreS2ion Biotech correlated with the market. If Beta is less than 0 ExpreS2ion Biotech generally moves in the opposite direction as compared to the market. If ExpreS2ion Biotech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ExpreS2ion Biotech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ExpreS2ion Biotech is generally in the same direction as the market. If Beta > 1 ExpreS2ion Biotech moves generally in the same direction as, but more than the movement of the benchmark.

ExpreS2ion Biotech Technical Analysis Modules

Most technical analysis of ExpreS2ion Biotech 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 ExpreS2ion from various momentum indicators to cycle indicators. When you analyze ExpreS2ion 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 ExpreS2ion Biotech 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 ExpreS2ion Biotech Holding. We use our internally-developed statistical techniques to arrive at the intrinsic value of ExpreS2ion Biotech Holding based on widely used predictive technical indicators. In general, we focus on analyzing ExpreS2ion Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ExpreS2ion Biotech'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 ExpreS2ion Biotech's intrinsic value. In addition to deriving basic predictive indicators for ExpreS2ion Biotech, we also check how macroeconomic factors affect ExpreS2ion Biotech price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ExpreS2ion Biotech's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
11.5018.7425.98
Details
Intrinsic
Valuation
LowRealHigh
10.7517.9925.23
Details
Naive
Forecast
LowNextHigh
11.7218.9626.19
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.4525.2635.07
Details

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Other Information on Investing in ExpreS2ion Stock

ExpreS2ion Biotech financial ratios help investors to determine whether ExpreS2ion 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 ExpreS2ion with respect to the benefits of owning ExpreS2ion Biotech security.