Cathay Financial (Taiwan) Statistic Functions Beta

2882B Stock  TWD 59.50  0.10  0.17%   
Cathay Financial statistic functions tool provides the execution environment for running the Beta function and other technical functions against Cathay Financial. Cathay Financial 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. Cathay Financial 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 Cathay Financial Holding correlated with the market. If Beta is less than 0 Cathay Financial generally moves in the opposite direction as compared to the market. If Cathay Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cathay Financial Holding is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cathay Financial is generally in the same direction as the market. If Beta > 1 Cathay Financial moves generally in the same direction as, but more than the movement of the benchmark.

Cathay Financial Technical Analysis Modules

Most technical analysis of Cathay Financial 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 Cathay from various momentum indicators to cycle indicators. When you analyze Cathay 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 Cathay Financial 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 Cathay Financial Holding. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cathay Financial Holding based on widely used predictive technical indicators. In general, we focus on analyzing Cathay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cathay Financial'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 Cathay Financial's intrinsic value. In addition to deriving basic predictive indicators for Cathay Financial, we also check how macroeconomic factors affect Cathay Financial price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
59.2259.5059.78
Details
Intrinsic
Valuation
LowRealHigh
49.0749.3565.45
Details
Naive
Forecast
LowNextHigh
59.8960.1760.44
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
59.3759.4759.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cathay Financial. Your research has to be compared to or analyzed against Cathay Financial's peers to derive any actionable benefits. When done correctly, Cathay Financial'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 Cathay Financial Holding.

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Additional Tools for Cathay Stock Analysis

When running Cathay Financial's price analysis, check to measure Cathay Financial'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 Cathay Financial is operating at the current time. Most of Cathay Financial's value examination focuses on studying past and present price action to predict the probability of Cathay Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay Financial's price. Additionally, you may evaluate how the addition of Cathay Financial to your portfolios can decrease your overall portfolio volatility.