Saniona AB (Sweden) Statistic Functions Beta

SANION Stock  SEK 7.15  0.15  2.14%   
Saniona AB statistic functions tool provides the execution environment for running the Beta function and other technical functions against Saniona AB. Saniona AB 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. Saniona AB 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Saniona AB correlated with the market. If Beta is less than 0 Saniona AB generally moves in the opposite direction as compared to the market. If Saniona AB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Saniona AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Saniona AB is generally in the same direction as the market. If Beta > 1 Saniona AB moves generally in the same direction as, but more than the movement of the benchmark.

Saniona AB Technical Analysis Modules

Most technical analysis of Saniona AB 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 Saniona from various momentum indicators to cycle indicators. When you analyze Saniona 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 Saniona AB 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 Saniona AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Saniona AB based on widely used predictive technical indicators. In general, we focus on analyzing Saniona Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Saniona AB'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 Saniona AB's intrinsic value. In addition to deriving basic predictive indicators for Saniona AB, we also check how macroeconomic factors affect Saniona AB price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.357.0020.67
Details
Intrinsic
Valuation
LowRealHigh
0.254.9818.65
Details

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Other Information on Investing in Saniona Stock

Saniona AB financial ratios help investors to determine whether Saniona 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 Saniona with respect to the benefits of owning Saniona AB security.