Bloomage Biotechnology (China) Statistic Functions Beta

688363 Stock   57.50  3.32  5.46%   
Bloomage Biotechnology statistic functions tool provides the execution environment for running the Beta function and other technical functions against Bloomage Biotechnology. Bloomage Biotechnology 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. Bloomage Biotechnology 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Bloomage Biotechnology correlated with the market. If Beta is less than 0 Bloomage Biotechnology generally moves in the opposite direction as compared to the market. If Bloomage Biotechnology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bloomage Biotechnology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bloomage Biotechnology is generally in the same direction as the market. If Beta > 1 Bloomage Biotechnology moves generally in the same direction as, but more than the movement of the benchmark.

Bloomage Biotechnology Technical Analysis Modules

Most technical analysis of Bloomage Biotechnology 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 Bloomage from various momentum indicators to cycle indicators. When you analyze Bloomage 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 Bloomage Biotechnology 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 Bloomage Biotechnology Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bloomage Biotechnology Corp based on widely used predictive technical indicators. In general, we focus on analyzing Bloomage Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bloomage Biotechnology'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 Bloomage Biotechnology's intrinsic value. In addition to deriving basic predictive indicators for Bloomage Biotechnology, we also check how macroeconomic factors affect Bloomage Biotechnology price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
54.7259.5964.46
Details
Intrinsic
Valuation
LowRealHigh
46.0650.9363.25
Details
Naive
Forecast
LowNextHigh
53.1658.0462.91
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bloomage Biotechnology. Your research has to be compared to or analyzed against Bloomage Biotechnology's peers to derive any actionable benefits. When done correctly, Bloomage Biotechnology'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 Bloomage Biotechnology.

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Other Information on Investing in Bloomage Stock

Bloomage Biotechnology financial ratios help investors to determine whether Bloomage 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 Bloomage with respect to the benefits of owning Bloomage Biotechnology security.