Helgeland Sparebank (Norway) Statistic Functions Beta

HELG Stock  NOK 144.00  1.00  0.69%   
Helgeland Sparebank statistic functions tool provides the execution environment for running the Beta function and other technical functions against Helgeland Sparebank. Helgeland Sparebank 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. Helgeland Sparebank 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-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Helgeland Sparebank correlated with the market. If Beta is less than 0 Helgeland Sparebank generally moves in the opposite direction as compared to the market. If Helgeland Sparebank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Helgeland Sparebank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Helgeland Sparebank is generally in the same direction as the market. If Beta > 1 Helgeland Sparebank moves generally in the same direction as, but more than the movement of the benchmark.

Helgeland Sparebank Technical Analysis Modules

Most technical analysis of Helgeland Sparebank 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 Helgeland from various momentum indicators to cycle indicators. When you analyze Helgeland 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 Helgeland Sparebank 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 Helgeland Sparebank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Helgeland Sparebank based on widely used predictive technical indicators. In general, we focus on analyzing Helgeland Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Helgeland Sparebank'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 Helgeland Sparebank's intrinsic value. In addition to deriving basic predictive indicators for Helgeland Sparebank, we also check how macroeconomic factors affect Helgeland Sparebank price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
142.57144.00145.43
Details
Intrinsic
Valuation
LowRealHigh
117.31118.74158.40
Details
Naive
Forecast
LowNextHigh
143.70145.13146.56
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
141.26143.66146.06
Details

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Other Information on Investing in Helgeland Stock

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