Absolent Group (Sweden) Statistic Functions Beta
| ABSO Stock | SEK 232.00 2.00 0.85% |
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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 Absolent Group AB correlated with the market. If Beta is less than 0 Absolent Group generally moves in the opposite direction as compared to the market. If Absolent Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Absolent Group AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Absolent Group is generally in the same direction as the market. If Beta > 1 Absolent Group moves generally in the same direction as, but more than the movement of the benchmark.
Absolent Group Technical Analysis Modules
Most technical analysis of Absolent Group 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 Absolent from various momentum indicators to cycle indicators. When you analyze Absolent 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 Absolent Group 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 Absolent Group AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Absolent Group AB based on widely used predictive technical indicators. In general, we focus on analyzing Absolent Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Absolent Group'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 Absolent Group's intrinsic value. In addition to deriving basic predictive indicators for Absolent Group, we also check how macroeconomic factors affect Absolent Group 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 Tools for Absolent Stock Analysis
When running Absolent Group's price analysis, check to measure Absolent Group'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 Absolent Group is operating at the current time. Most of Absolent Group's value examination focuses on studying past and present price action to predict the probability of Absolent Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Absolent Group's price. Additionally, you may evaluate how the addition of Absolent Group to your portfolios can decrease your overall portfolio volatility.