Daejoo Electronic (Korea) Statistic Functions Beta

078600 Stock  KRW 87,200  1,000.00  1.13%   
Daejoo Electronic statistic functions tool provides the execution environment for running the Beta function and other technical functions against Daejoo Electronic. Daejoo Electronic 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. Daejoo Electronic 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Daejoo Electronic correlated with the market. If Beta is less than 0 Daejoo Electronic generally moves in the opposite direction as compared to the market. If Daejoo Electronic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Daejoo Electronic is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Daejoo Electronic is generally in the same direction as the market. If Beta > 1 Daejoo Electronic moves generally in the same direction as, but more than the movement of the benchmark.

Daejoo Electronic Technical Analysis Modules

Most technical analysis of Daejoo Electronic 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 Daejoo from various momentum indicators to cycle indicators. When you analyze Daejoo 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 Daejoo Electronic 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 Daejoo Electronic Materials. We use our internally-developed statistical techniques to arrive at the intrinsic value of Daejoo Electronic Materials based on widely used predictive technical indicators. In general, we focus on analyzing Daejoo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Daejoo Electronic'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 Daejoo Electronic's intrinsic value. In addition to deriving basic predictive indicators for Daejoo Electronic, we also check how macroeconomic factors affect Daejoo Electronic price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
87,19687,20087,204
Details
Intrinsic
Valuation
LowRealHigh
80,17480,17895,920
Details
Naive
Forecast
LowNextHigh
88,06488,06888,072
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
86,59187,53388,476
Details

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Other Information on Investing in Daejoo Stock

Daejoo Electronic financial ratios help investors to determine whether Daejoo 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 Daejoo with respect to the benefits of owning Daejoo Electronic security.