Optimax Technology (Taiwan) Statistic Functions Beta

3051 Stock  TWD 31.60  0.40  1.25%   
Optimax Technology statistic functions tool provides the execution environment for running the Beta function and other technical functions against Optimax Technology. Optimax Technology 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. Optimax Technology 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.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Optimax Technology Corp correlated with the market. If Beta is less than 0 Optimax Technology generally moves in the opposite direction as compared to the market. If Optimax Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Optimax Technology Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Optimax Technology is generally in the same direction as the market. If Beta > 1 Optimax Technology moves generally in the same direction as, but more than the movement of the benchmark.

Optimax Technology Technical Analysis Modules

Most technical analysis of Optimax Technology 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 Optimax from various momentum indicators to cycle indicators. When you analyze Optimax 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 Optimax Technology 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 Optimax Technology Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Optimax Technology Corp based on widely used predictive technical indicators. In general, we focus on analyzing Optimax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Optimax Technology'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 Optimax Technology's intrinsic value. In addition to deriving basic predictive indicators for Optimax Technology, we also check how macroeconomic factors affect Optimax Technology price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
29.3731.6033.83
Details
Intrinsic
Valuation
LowRealHigh
24.0926.3234.76
Details
Naive
Forecast
LowNextHigh
30.1932.4234.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.3631.9832.59
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 Optimax Technology 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, Optimax Technology's short interest history, or implied volatility extrapolated from Optimax Technology 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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Adviser Favorites Idea
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Investor Favorites Idea
Investor Favorites
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Additional Tools for Optimax Stock Analysis

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