ADDUS HOMECARE (Germany) Statistic Functions Beta

A41 Stock  EUR 122.00  1.00  0.83%   
ADDUS HOMECARE statistic functions tool provides the execution environment for running the Beta function and other technical functions against ADDUS HOMECARE. ADDUS HOMECARE 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. ADDUS HOMECARE 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.

Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on ADDUS HOMECARE correlated with the market. If Beta is less than 0 ADDUS HOMECARE generally moves in the opposite direction as compared to the market. If ADDUS HOMECARE Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ADDUS HOMECARE is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ADDUS HOMECARE is generally in the same direction as the market. If Beta > 1 ADDUS HOMECARE moves generally in the same direction as, but more than the movement of the benchmark.

ADDUS HOMECARE Technical Analysis Modules

Most technical analysis of ADDUS HOMECARE 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 ADDUS from various momentum indicators to cycle indicators. When you analyze ADDUS 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 ADDUS HOMECARE 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 ADDUS HOMECARE. We use our internally-developed statistical techniques to arrive at the intrinsic value of ADDUS HOMECARE based on widely used predictive technical indicators. In general, we focus on analyzing ADDUS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ADDUS HOMECARE'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 ADDUS HOMECARE's intrinsic value. In addition to deriving basic predictive indicators for ADDUS HOMECARE, we also check how macroeconomic factors affect ADDUS HOMECARE price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
120.18122.00123.82
Details
Intrinsic
Valuation
LowRealHigh
118.68120.50122.32
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 ADDUS HOMECARE 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, ADDUS HOMECARE's short interest history, or implied volatility extrapolated from ADDUS HOMECARE 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.
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Additional Information and Resources on Investing in ADDUS Stock

When determining whether ADDUS HOMECARE is a strong investment it is important to analyze ADDUS HOMECARE's 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 ADDUS HOMECARE's future performance. For an informed investment choice regarding ADDUS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ADDUS HOMECARE. 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.
For information on how to trade ADDUS Stock refer to our How to Trade ADDUS Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Please note, there is a significant difference between ADDUS HOMECARE's value and its price as these two are different measures arrived at by different means. Investors typically determine if ADDUS HOMECARE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ADDUS HOMECARE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.