Entra ASA (Norway) Statistic Functions Beta

ENTRA Stock  NOK 117.20  4.20  3.72%   
Entra ASA statistic functions tool provides the execution environment for running the Beta function and other technical functions against Entra ASA. Entra ASA 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. Entra ASA 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.

Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Entra ASA correlated with the market. If Beta is less than 0 Entra ASA generally moves in the opposite direction as compared to the market. If Entra ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Entra ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Entra ASA is generally in the same direction as the market. If Beta > 1 Entra ASA moves generally in the same direction as, but more than the movement of the benchmark.

Entra ASA Technical Analysis Modules

Most technical analysis of Entra ASA 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 Entra from various momentum indicators to cycle indicators. When you analyze Entra 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 Entra ASA 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 Entra ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Entra ASA based on widely used predictive technical indicators. In general, we focus on analyzing Entra Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Entra ASA'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 Entra ASA's intrinsic value. In addition to deriving basic predictive indicators for Entra ASA, we also check how macroeconomic factors affect Entra ASA price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
115.51117.20118.89
Details
Intrinsic
Valuation
LowRealHigh
101.45103.14128.92
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Entra ASA. Your research has to be compared to or analyzed against Entra ASA's peers to derive any actionable benefits. When done correctly, Entra ASA'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 Entra ASA.

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Other Information on Investing in Entra Stock

Entra ASA financial ratios help investors to determine whether Entra 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 Entra with respect to the benefits of owning Entra ASA security.