Textron (Germany) Statistic Functions Beta

TXT Stock  EUR 80.44  0.54  0.67%   
Textron statistic functions tool provides the execution environment for running the Beta function and other technical functions against Textron. Textron 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. Textron 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Textron correlated with the market. If Beta is less than 0 Textron generally moves in the opposite direction as compared to the market. If Textron Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Textron is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Textron is generally in the same direction as the market. If Beta > 1 Textron moves generally in the same direction as, but more than the movement of the benchmark.

Textron Technical Analysis Modules

Most technical analysis of Textron 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 Textron from various momentum indicators to cycle indicators. When you analyze Textron 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 Textron 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 Textron. We use our internally-developed statistical techniques to arrive at the intrinsic value of Textron based on widely used predictive technical indicators. In general, we focus on analyzing Textron Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Textron'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 Textron's intrinsic value. In addition to deriving basic predictive indicators for Textron, we also check how macroeconomic factors affect Textron price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
78.8480.4482.04
Details
Intrinsic
Valuation
LowRealHigh
77.7979.3880.98
Details
Naive
Forecast
LowNextHigh
78.3980.0081.60
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
73.5679.1584.74
Details

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Correlation Analysis Now

   

Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested few shares
Cash Cows Idea
Cash Cows
Invested few shares
Momentum Idea
Momentum
Invested over 50 shares
FinTech Idea
FinTech
Invested over 60 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Business Services Idea
Business Services
Invested few shares
Power Assets Idea
Power Assets
Invested over 200 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Banking Idea
Banking
Invested over 40 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested few shares
Social Domain Idea
Social Domain
Invested few shares

Additional Information and Resources on Investing in Textron Stock

When determining whether Textron is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Textron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Textron Stock. Highlighted below are key reports to facilitate an investment decision about Textron Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Textron. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Textron Stock please use our How to Invest in Textron guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Please note, there is a significant difference between Textron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Textron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Textron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.