Hitachi (Germany) Statistic Functions Beta
HIA1 Stock | EUR 22.72 0.87 3.69% |
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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 Hitachi correlated with the market. If Beta is less than 0 Hitachi generally moves in the opposite direction as compared to the market. If Hitachi Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hitachi is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hitachi is generally in the same direction as the market. If Beta > 1 Hitachi moves generally in the same direction as, but more than the movement of the benchmark.
Hitachi Technical Analysis Modules
Most technical analysis of Hitachi 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 Hitachi from various momentum indicators to cycle indicators. When you analyze Hitachi 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.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About Hitachi 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 Hitachi. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hitachi based on widely used predictive technical indicators. In general, we focus on analyzing Hitachi Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hitachi'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 Hitachi's intrinsic value. In addition to deriving basic predictive indicators for Hitachi, we also check how macroeconomic factors affect Hitachi price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Other Information on Investing in Hitachi Stock
Hitachi financial ratios help investors to determine whether Hitachi 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 Hitachi with respect to the benefits of owning Hitachi security.