CAL MAINE (Germany) Statistic Functions Beta

CM2 Stock  EUR 91.44  0.10  0.11%   
CAL MAINE statistic functions tool provides the execution environment for running the Beta function and other technical functions against CAL MAINE. CAL MAINE 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. CAL MAINE 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on CAL MAINE FOODS correlated with the market. If Beta is less than 0 CAL MAINE generally moves in the opposite direction as compared to the market. If CAL MAINE Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CAL MAINE FOODS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CAL MAINE is generally in the same direction as the market. If Beta > 1 CAL MAINE moves generally in the same direction as, but more than the movement of the benchmark.

CAL MAINE Technical Analysis Modules

Most technical analysis of CAL MAINE 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 CAL from various momentum indicators to cycle indicators. When you analyze CAL 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 CAL MAINE 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 CAL MAINE FOODS. We use our internally-developed statistical techniques to arrive at the intrinsic value of CAL MAINE FOODS based on widely used predictive technical indicators. In general, we focus on analyzing CAL Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CAL MAINE'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 CAL MAINE's intrinsic value. In addition to deriving basic predictive indicators for CAL MAINE, we also check how macroeconomic factors affect CAL MAINE price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
89.6591.4493.23
Details
Intrinsic
Valuation
LowRealHigh
82.3098.80100.59
Details
Naive
Forecast
LowNextHigh
94.7196.5098.29
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
77.3385.0692.79
Details

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Additional Information and Resources on Investing in CAL Stock

When determining whether CAL MAINE FOODS is a strong investment it is important to analyze CAL MAINE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CAL MAINE's future performance. For an informed investment choice regarding CAL Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CAL MAINE FOODS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Please note, there is a significant difference between CAL MAINE's value and its price as these two are different measures arrived at by different means. Investors typically determine if CAL MAINE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CAL MAINE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.