Xtra Bitcoin Stock Statistic Functions Beta

CBTC Stock  USD 0  0.0002  12.50%   
XTRA Bitcoin statistic functions tool provides the execution environment for running the Beta function and other technical functions against XTRA Bitcoin. XTRA Bitcoin 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. XTRA Bitcoin 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 XTRA Bitcoin correlated with the market. If Beta is less than 0 XTRA Bitcoin generally moves in the opposite direction as compared to the market. If XTRA Bitcoin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one XTRA Bitcoin is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of XTRA Bitcoin is generally in the same direction as the market. If Beta > 1 XTRA Bitcoin moves generally in the same direction as, but more than the movement of the benchmark.

XTRA Bitcoin Technical Analysis Modules

Most technical analysis of XTRA Bitcoin 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 XTRA from various momentum indicators to cycle indicators. When you analyze XTRA 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 XTRA Bitcoin 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 XTRA Bitcoin. We use our internally-developed statistical techniques to arrive at the intrinsic value of XTRA Bitcoin based on widely used predictive technical indicators. In general, we focus on analyzing XTRA Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build XTRA Bitcoin'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 XTRA Bitcoin's intrinsic value. In addition to deriving basic predictive indicators for XTRA Bitcoin, we also check how macroeconomic factors affect XTRA Bitcoin price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of XTRA Bitcoin's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.00011.65
Details
Intrinsic
Valuation
LowRealHigh
0.00011.65
Details
Naive
Forecast
LowNextHigh
0.000022011.65
Details

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Other Information on Investing in XTRA Pink Sheet

XTRA Bitcoin financial ratios help investors to determine whether XTRA Pink Sheet 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 XTRA with respect to the benefits of owning XTRA Bitcoin security.