Icon (Israel) Statistic Functions Beta

ICON Stock   416.80  26.50  5.98%   
Icon statistic functions tool provides the execution environment for running the Beta function and other technical functions against Icon. Icon 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. Icon 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 Icon Group correlated with the market. If Beta is less than 0 Icon generally moves in the opposite direction as compared to the market. If Icon Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Icon Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Icon is generally in the same direction as the market. If Beta > 1 Icon moves generally in the same direction as, but more than the movement of the benchmark.

Icon Technical Analysis Modules

Most technical analysis of Icon 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 Icon from various momentum indicators to cycle indicators. When you analyze Icon 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 Icon 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 Icon Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Icon Group based on widely used predictive technical indicators. In general, we focus on analyzing Icon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Icon'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 Icon's intrinsic value. In addition to deriving basic predictive indicators for Icon, we also check how macroeconomic factors affect Icon price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
414.78416.80418.82
Details
Intrinsic
Valuation
LowRealHigh
355.23357.25458.48
Details

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Other Information on Investing in Icon Stock

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