Steyr Motors (Germany) Statistic Functions Beta

4X0 Stock   44.60  1.20  2.76%   
Steyr Motors statistic functions tool provides the execution environment for running the Beta function and other technical functions against Steyr Motors. Steyr Motors 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. Steyr Motors 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 two with a total number of output elements of fifty-nine. The Beta measures systematic risk based on how returns on Steyr Motors AG correlated with the market. If Beta is less than 0 Steyr Motors generally moves in the opposite direction as compared to the market. If Steyr Motors Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Steyr Motors AG is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Steyr Motors is generally in the same direction as the market. If Beta > 1 Steyr Motors moves generally in the same direction as, but more than the movement of the benchmark.

Steyr Motors Technical Analysis Modules

Most technical analysis of Steyr Motors 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 Steyr from various momentum indicators to cycle indicators. When you analyze Steyr 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 Steyr Motors 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 Steyr Motors AG. We use our internally-developed statistical techniques to arrive at the intrinsic value of Steyr Motors AG based on widely used predictive technical indicators. In general, we focus on analyzing Steyr Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Steyr Motors'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 Steyr Motors's intrinsic value. In addition to deriving basic predictive indicators for Steyr Motors, we also check how macroeconomic factors affect Steyr Motors price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
41.6444.9948.34
Details
Intrinsic
Valuation
LowRealHigh
31.8635.2149.06
Details
Naive
Forecast
LowNextHigh
41.9345.2848.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
44.6044.6044.60
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 Steyr Motors 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, Steyr Motors' short interest history, or implied volatility extrapolated from Steyr Motors options trading.

Trending Themes

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Additional Tools for Steyr Stock Analysis

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