Tenaga Nasional Berhad Stock Statistic Functions Beta

TNABY Stock  USD 14.83  0.92  6.61%   
Tenaga Nasional statistic functions tool provides the execution environment for running the Beta function and other technical functions against Tenaga Nasional. Tenaga Nasional 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. Tenaga Nasional 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Tenaga Nasional Berhad correlated with the market. If Beta is less than 0 Tenaga Nasional generally moves in the opposite direction as compared to the market. If Tenaga Nasional Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tenaga Nasional Berhad is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tenaga Nasional is generally in the same direction as the market. If Beta > 1 Tenaga Nasional moves generally in the same direction as, but more than the movement of the benchmark.

Tenaga Nasional Technical Analysis Modules

Most technical analysis of Tenaga Nasional 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 Tenaga from various momentum indicators to cycle indicators. When you analyze Tenaga 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 Tenaga Nasional 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 Tenaga Nasional Berhad. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tenaga Nasional Berhad based on widely used predictive technical indicators. In general, we focus on analyzing Tenaga Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tenaga Nasional'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 Tenaga Nasional's intrinsic value. In addition to deriving basic predictive indicators for Tenaga Nasional, we also check how macroeconomic factors affect Tenaga Nasional price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
10.0514.8319.61
Details
Intrinsic
Valuation
LowRealHigh
7.0211.8016.58
Details
Naive
Forecast
LowNextHigh
8.7213.4918.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.6913.7415.79
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tenaga Nasional. Your research has to be compared to or analyzed against Tenaga Nasional's peers to derive any actionable benefits. When done correctly, Tenaga Nasional'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 Tenaga Nasional Berhad.

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Additional Tools for Tenaga Pink Sheet Analysis

When running Tenaga Nasional's price analysis, check to measure Tenaga Nasional'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 Tenaga Nasional is operating at the current time. Most of Tenaga Nasional's value examination focuses on studying past and present price action to predict the probability of Tenaga Nasional's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenaga Nasional's price. Additionally, you may evaluate how the addition of Tenaga Nasional to your portfolios can decrease your overall portfolio volatility.