Bonesupport Holding (Sweden) Statistic Functions Beta

BONEX Stock  SEK 368.80  1.40  0.38%   
Bonesupport Holding statistic functions tool provides the execution environment for running the Beta function and other technical functions against Bonesupport Holding. Bonesupport Holding 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. Bonesupport Holding 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 Bonesupport Holding correlated with the market. If Beta is less than 0 Bonesupport Holding generally moves in the opposite direction as compared to the market. If Bonesupport Holding Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bonesupport Holding is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bonesupport Holding is generally in the same direction as the market. If Beta > 1 Bonesupport Holding moves generally in the same direction as, but more than the movement of the benchmark.

Bonesupport Holding Technical Analysis Modules

Most technical analysis of Bonesupport Holding 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 Bonesupport from various momentum indicators to cycle indicators. When you analyze Bonesupport 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 Bonesupport Holding 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 Bonesupport Holding AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bonesupport Holding AB based on widely used predictive technical indicators. In general, we focus on analyzing Bonesupport Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bonesupport Holding'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 Bonesupport Holding's intrinsic value. In addition to deriving basic predictive indicators for Bonesupport Holding, we also check how macroeconomic factors affect Bonesupport Holding price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bonesupport Holding's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
260.20263.00265.80
Details
Intrinsic
Valuation
LowRealHigh
259.15261.95264.75
Details

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Bonesupport Holding pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bonesupport Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bonesupport Holding will appreciate offsetting losses from the drop in the long position's value.

Bonesupport Holding Pair Trading

Bonesupport Holding AB Pair Trading Analysis

Additional Tools for Bonesupport Stock Analysis

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