Engcon AB (Sweden) Statistic Functions Beta

ENGCON-B   83.20  0.00  0.00%   
Engcon AB statistic functions tool provides the execution environment for running the Beta function and other technical functions against Engcon AB. Engcon AB 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. Engcon AB 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 thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on engcon AB Cl correlated with the market. If Beta is less than 0 Engcon AB generally moves in the opposite direction as compared to the market. If Engcon AB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one engcon AB Cl is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Engcon AB is generally in the same direction as the market. If Beta > 1 Engcon AB moves generally in the same direction as, but more than the movement of the benchmark.

Engcon AB Technical Analysis Modules

Most technical analysis of Engcon AB 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 Engcon from various momentum indicators to cycle indicators. When you analyze Engcon 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 Engcon AB 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 engcon AB Cl. We use our internally-developed statistical techniques to arrive at the intrinsic value of engcon AB Cl based on widely used predictive technical indicators. In general, we focus on analyzing Engcon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Engcon AB'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 Engcon AB's intrinsic value. In addition to deriving basic predictive indicators for Engcon AB, we also check how macroeconomic factors affect Engcon AB price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
81.3083.2085.10
Details
Intrinsic
Valuation
LowRealHigh
65.7867.6891.52
Details
Naive
Forecast
LowNextHigh
79.1080.9982.89
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
72.5878.3184.03
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 Engcon AB 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, Engcon AB's short interest history, or implied volatility extrapolated from Engcon AB 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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Momentum Idea
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Other Information on Investing in Engcon Stock

Engcon AB financial ratios help investors to determine whether Engcon 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 Engcon with respect to the benefits of owning Engcon AB security.