Shinkong Insurance (Taiwan) Statistic Functions Beta

2850 Stock  TWD 99.30  1.20  1.19%   
Shinkong Insurance statistic functions tool provides the execution environment for running the Beta function and other technical functions against Shinkong Insurance. Shinkong Insurance 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. Shinkong Insurance 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Shinkong Insurance correlated with the market. If Beta is less than 0 Shinkong Insurance generally moves in the opposite direction as compared to the market. If Shinkong Insurance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shinkong Insurance is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shinkong Insurance is generally in the same direction as the market. If Beta > 1 Shinkong Insurance moves generally in the same direction as, but more than the movement of the benchmark.

Shinkong Insurance Technical Analysis Modules

Most technical analysis of Shinkong Insurance 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 Shinkong from various momentum indicators to cycle indicators. When you analyze Shinkong 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 Shinkong Insurance 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 Shinkong Insurance Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shinkong Insurance Co based on widely used predictive technical indicators. In general, we focus on analyzing Shinkong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shinkong Insurance'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 Shinkong Insurance's intrinsic value. In addition to deriving basic predictive indicators for Shinkong Insurance, we also check how macroeconomic factors affect Shinkong Insurance price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
99.30100.50101.70
Details
Intrinsic
Valuation
LowRealHigh
97.3598.55110.55
Details
Naive
Forecast
LowNextHigh
101.53102.73103.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
97.2999.35101.40
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 Shinkong Insurance 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, Shinkong Insurance's short interest history, or implied volatility extrapolated from Shinkong Insurance options trading.

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Additional Tools for Shinkong Stock Analysis

When running Shinkong Insurance's price analysis, check to measure Shinkong Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shinkong Insurance is operating at the current time. Most of Shinkong Insurance's value examination focuses on studying past and present price action to predict the probability of Shinkong Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Insurance's price. Additionally, you may evaluate how the addition of Shinkong Insurance to your portfolios can decrease your overall portfolio volatility.