Tekla World Healthcare Fund Statistic Functions Beta

THW Fund  USD 11.93  0.11  0.93%   
Tekla World statistic functions tool provides the execution environment for running the Beta function and other technical functions against Tekla World. Tekla World 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. Tekla World 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 Tekla World Healthcare correlated with the market. If Beta is less than 0 Tekla World generally moves in the opposite direction as compared to the market. If Tekla World Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tekla World Healthcare is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tekla World is generally in the same direction as the market. If Beta > 1 Tekla World moves generally in the same direction as, but more than the movement of the benchmark.

Tekla World Technical Analysis Modules

Most technical analysis of Tekla World 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 Tekla from various momentum indicators to cycle indicators. When you analyze Tekla 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 Tekla World 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 Tekla World Healthcare. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tekla World Healthcare based on widely used predictive technical indicators. In general, we focus on analyzing Tekla Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tekla World'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 Tekla World's intrinsic value. In addition to deriving basic predictive indicators for Tekla World, we also check how macroeconomic factors affect Tekla World price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
11.0611.9312.80
Details
Intrinsic
Valuation
LowRealHigh
11.1412.0112.88
Details
Naive
Forecast
LowNextHigh
11.1011.9712.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.4311.9012.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tekla World. Your research has to be compared to or analyzed against Tekla World's peers to derive any actionable benefits. When done correctly, Tekla World'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 Tekla World Healthcare.

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Other Information on Investing in Tekla Fund

Tekla World financial ratios help investors to determine whether Tekla Fund 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 Tekla with respect to the benefits of owning Tekla World security.
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