DB HiTek (Korea) Statistic Functions Beta

000990 Stock   33,100  1,400  4.42%   
DB HiTek statistic functions tool provides the execution environment for running the Beta function and other technical functions against DB HiTek. DB HiTek 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. DB HiTek 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on DB HiTek correlated with the market. If Beta is less than 0 DB HiTek generally moves in the opposite direction as compared to the market. If DB HiTek Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one DB HiTek is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of DB HiTek is generally in the same direction as the market. If Beta > 1 DB HiTek moves generally in the same direction as, but more than the movement of the benchmark.

DB HiTek Technical Analysis Modules

Most technical analysis of DB HiTek 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 000990 from various momentum indicators to cycle indicators. When you analyze 000990 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 DB HiTek 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 DB HiTek Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of DB HiTek Co based on widely used predictive technical indicators. In general, we focus on analyzing 000990 Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build DB HiTek'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 DB HiTek's intrinsic value. In addition to deriving basic predictive indicators for DB HiTek, we also check how macroeconomic factors affect DB HiTek price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
31,69731,70031,703
Details
Intrinsic
Valuation
LowRealHigh
28,14728,15034,870
Details
Naive
Forecast
LowNextHigh
30,58330,58630,590
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28,46730,95033,433
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as DB HiTek. Your research has to be compared to or analyzed against DB HiTek's peers to derive any actionable benefits. When done correctly, DB HiTek'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 DB HiTek.
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 DB HiTek 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, DB HiTek's short interest history, or implied volatility extrapolated from DB HiTek options trading.

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Other Information on Investing in 000990 Stock

DB HiTek financial ratios help investors to determine whether 000990 Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 000990 with respect to the benefits of owning DB HiTek security.