Phn Canadian Equity Fund Statistic Functions Beta

0P0000N468  CAD 22.32  0.31  1.37%   
PHN Canadian statistic functions tool provides the execution environment for running the Beta function and other technical functions against PHN Canadian. PHN Canadian 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. PHN Canadian 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 PHN Canadian Equity correlated with the market. If Beta is less than 0 PHN Canadian generally moves in the opposite direction as compared to the market. If PHN Canadian Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PHN Canadian Equity is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PHN Canadian is generally in the same direction as the market. If Beta > 1 PHN Canadian moves generally in the same direction as, but more than the movement of the benchmark.

PHN Canadian Technical Analysis Modules

Most technical analysis of PHN Canadian 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 PHN from various momentum indicators to cycle indicators. When you analyze PHN 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 PHN Canadian 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 PHN Canadian Equity. We use our internally-developed statistical techniques to arrive at the intrinsic value of PHN Canadian Equity based on widely used predictive technical indicators. In general, we focus on analyzing PHN Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PHN Canadian'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 PHN Canadian's intrinsic value. In addition to deriving basic predictive indicators for PHN Canadian, we also check how macroeconomic factors affect PHN Canadian price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
21.8222.3222.82
Details
Intrinsic
Valuation
LowRealHigh
21.6122.1122.61
Details
Naive
Forecast
LowNextHigh
22.0522.5523.05
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.1322.4222.72
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PHN Canadian in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PHN Canadian's short interest history, or implied volatility extrapolated from PHN Canadian options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Entertainment Idea
Entertainment
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Momentum Idea
Momentum
Invested over 40 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 50 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 30 shares
ESG Investing Idea
ESG Investing
Invested few shares

Other Information on Investing in PHN Fund

PHN Canadian financial ratios help investors to determine whether PHN Fund 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 PHN with respect to the benefits of owning PHN Canadian security.
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