Skjern Bank (Denmark) Statistic Functions Beta

SKJE Stock  DKK 155.50  0.50  0.32%   
Skjern Bank statistic functions tool provides the execution environment for running the Beta function and other technical functions against Skjern Bank. Skjern Bank 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. Skjern Bank 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Skjern Bank AS correlated with the market. If Beta is less than 0 Skjern Bank generally moves in the opposite direction as compared to the market. If Skjern Bank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Skjern Bank AS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Skjern Bank is generally in the same direction as the market. If Beta > 1 Skjern Bank moves generally in the same direction as, but more than the movement of the benchmark.

Skjern Bank Technical Analysis Modules

Most technical analysis of Skjern Bank 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 Skjern from various momentum indicators to cycle indicators. When you analyze Skjern 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 Skjern Bank 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 Skjern Bank AS. We use our internally-developed statistical techniques to arrive at the intrinsic value of Skjern Bank AS based on widely used predictive technical indicators. In general, we focus on analyzing Skjern Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Skjern Bank'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 Skjern Bank's intrinsic value. In addition to deriving basic predictive indicators for Skjern Bank, we also check how macroeconomic factors affect Skjern Bank price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
154.19155.50156.81
Details
Intrinsic
Valuation
LowRealHigh
129.31130.62171.05
Details
Naive
Forecast
LowNextHigh
154.96156.27157.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
151.36161.40171.43
Details

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Other Information on Investing in Skjern Stock

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