Baker Hughes (Germany) Statistic Functions Beta
| 68V Stock | EUR 41.77 0.23 0.55% |
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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 Baker Hughes correlated with the market. If Beta is less than 0 Baker Hughes generally moves in the opposite direction as compared to the market. If Baker Hughes Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Baker Hughes is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Baker Hughes is generally in the same direction as the market. If Beta > 1 Baker Hughes moves generally in the same direction as, but more than the movement of the benchmark.
Baker Hughes Technical Analysis Modules
Most technical analysis of Baker Hughes 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 Baker from various momentum indicators to cycle indicators. When you analyze Baker 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.| Cycle Indicators | ||
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About Baker Hughes 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 Baker Hughes Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Baker Hughes Co based on widely used predictive technical indicators. In general, we focus on analyzing Baker Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Baker Hughes'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 Baker Hughes's intrinsic value. In addition to deriving basic predictive indicators for Baker Hughes, we also check how macroeconomic factors affect Baker Hughes price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Additional Information and Resources on Investing in Baker Stock
When determining whether Baker Hughes is a strong investment it is important to analyze Baker Hughes' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baker Hughes' future performance. For an informed investment choice regarding Baker Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baker Hughes Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.