Shandong Mining (China) Statistic Functions Beta

002526 Stock   2.80  0.03  1.06%   
Shandong Mining statistic functions tool provides the execution environment for running the Beta function and other technical functions against Shandong Mining. Shandong Mining 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. Shandong Mining 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 with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Shandong Mining Machinery correlated with the market. If Beta is less than 0 Shandong Mining generally moves in the opposite direction as compared to the market. If Shandong Mining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shandong Mining Machinery is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shandong Mining is generally in the same direction as the market. If Beta > 1 Shandong Mining moves generally in the same direction as, but more than the movement of the benchmark.

Shandong Mining Technical Analysis Modules

Most technical analysis of Shandong Mining 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 Shandong from various momentum indicators to cycle indicators. When you analyze Shandong 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 Shandong Mining 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 Shandong Mining Machinery. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shandong Mining Machinery based on widely used predictive technical indicators. In general, we focus on analyzing Shandong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shandong Mining'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 Shandong Mining's intrinsic value. In addition to deriving basic predictive indicators for Shandong Mining, we also check how macroeconomic factors affect Shandong Mining price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.142.815.94
Details
Intrinsic
Valuation
LowRealHigh
0.132.695.82
Details
Naive
Forecast
LowNextHigh
0.052.655.78
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.622.863.11
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shandong Mining. Your research has to be compared to or analyzed against Shandong Mining's peers to derive any actionable benefits. When done correctly, Shandong Mining'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 Shandong Mining Machinery.

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Other Information on Investing in Shandong Stock

Shandong Mining financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Mining security.