Hanwha Chemical (Korea) Statistic Functions Beta

009830 Stock   19,770  330.00  1.64%   
Hanwha Chemical statistic functions tool provides the execution environment for running the Beta function and other technical functions against Hanwha Chemical. Hanwha Chemical 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. Hanwha Chemical 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 thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Hanwha Chemical Corp correlated with the market. If Beta is less than 0 Hanwha Chemical generally moves in the opposite direction as compared to the market. If Hanwha Chemical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hanwha Chemical Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hanwha Chemical is generally in the same direction as the market. If Beta > 1 Hanwha Chemical moves generally in the same direction as, but more than the movement of the benchmark.

Hanwha Chemical Technical Analysis Modules

Most technical analysis of Hanwha Chemical 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 Hanwha from various momentum indicators to cycle indicators. When you analyze Hanwha 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 Hanwha Chemical 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 Hanwha Chemical Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hanwha Chemical Corp based on widely used predictive technical indicators. In general, we focus on analyzing Hanwha Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hanwha Chemical'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 Hanwha Chemical's intrinsic value. In addition to deriving basic predictive indicators for Hanwha Chemical, we also check how macroeconomic factors affect Hanwha Chemical price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
19,54619,55019,554
Details
Intrinsic
Valuation
LowRealHigh
15,83315,83721,505
Details
Naive
Forecast
LowNextHigh
18,67018,67418,678
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14,20217,76021,319
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hanwha Chemical. Your research has to be compared to or analyzed against Hanwha Chemical's peers to derive any actionable benefits. When done correctly, Hanwha Chemical'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 Hanwha Chemical Corp.
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 Hanwha Chemical 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, Hanwha Chemical's short interest history, or implied volatility extrapolated from Hanwha Chemical options trading.

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Other Information on Investing in Hanwha Stock

Hanwha Chemical financial ratios help investors to determine whether Hanwha 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 Hanwha with respect to the benefits of owning Hanwha Chemical security.