Calumet Specialty Products Stock Statistic Functions Beta

CLMT Stock  USD 21.80  0.28  1.30%   
Calumet Specialty statistic functions tool provides the execution environment for running the Beta function and other technical functions against Calumet Specialty. Calumet Specialty 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. Calumet Specialty 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Calumet Specialty correlated with the market. If Beta is less than 0 Calumet Specialty generally moves in the opposite direction as compared to the market. If Calumet Specialty Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Calumet Specialty is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Calumet Specialty is generally in the same direction as the market. If Beta > 1 Calumet Specialty moves generally in the same direction as, but more than the movement of the benchmark.

Calumet Specialty Technical Analysis Modules

Most technical analysis of Calumet Specialty 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 Calumet from various momentum indicators to cycle indicators. When you analyze Calumet 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 Calumet Specialty 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 Calumet Specialty Products. We use our internally-developed statistical techniques to arrive at the intrinsic value of Calumet Specialty Products based on widely used predictive technical indicators. In general, we focus on analyzing Calumet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Calumet Specialty'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 Calumet Specialty's intrinsic value. In addition to deriving basic predictive indicators for Calumet Specialty, we also check how macroeconomic factors affect Calumet Specialty price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover9.989.8111.4214.28
Days Of Inventory On Hand39.6741.9243.630.94
Hype
Prediction
LowEstimatedHigh
17.9721.9025.83
Details
Intrinsic
Valuation
LowRealHigh
17.0721.0024.93
Details
Naive
Forecast
LowNextHigh
18.6822.6126.54
Details
6 Analysts
Consensus
LowTargetHigh
22.7525.0027.75
Details

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Additional Tools for Calumet Stock Analysis

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