Onward Medical (Belgium) Statistic Functions Beta

ONWD Stock   4.80  0.05  1.05%   
Onward Medical statistic functions tool provides the execution environment for running the Beta function and other technical functions against Onward Medical. Onward Medical 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. Onward Medical 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 Onward Medical NV correlated with the market. If Beta is less than 0 Onward Medical generally moves in the opposite direction as compared to the market. If Onward Medical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Onward Medical NV is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Onward Medical is generally in the same direction as the market. If Beta > 1 Onward Medical moves generally in the same direction as, but more than the movement of the benchmark.

Onward Medical Technical Analysis Modules

Most technical analysis of Onward Medical 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 Onward from various momentum indicators to cycle indicators. When you analyze Onward 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.

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Additional Tools for Onward Stock Analysis

When running Onward Medical's price analysis, check to measure Onward Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Onward Medical is operating at the current time. Most of Onward Medical's value examination focuses on studying past and present price action to predict the probability of Onward Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onward Medical's price. Additionally, you may evaluate how the addition of Onward Medical to your portfolios can decrease your overall portfolio volatility.