Covalon Technologies Stock Statistic Functions Beta

CVALF Stock  USD 2.80  0.15  5.66%   
Covalon Technologies statistic functions tool provides the execution environment for running the Beta function and other technical functions against Covalon Technologies. Covalon Technologies 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. Covalon Technologies 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 Covalon Technologies correlated with the market. If Beta is less than 0 Covalon Technologies generally moves in the opposite direction as compared to the market. If Covalon Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Covalon Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Covalon Technologies is generally in the same direction as the market. If Beta > 1 Covalon Technologies moves generally in the same direction as, but more than the movement of the benchmark.

Covalon Technologies Technical Analysis Modules

Most technical analysis of Covalon Technologies 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 Covalon from various momentum indicators to cycle indicators. When you analyze Covalon 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 Covalon Technologies 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 Covalon Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Covalon Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Covalon OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Covalon Technologies'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 Covalon Technologies's intrinsic value. In addition to deriving basic predictive indicators for Covalon Technologies, we also check how macroeconomic factors affect Covalon Technologies price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.232.805.37
Details
Intrinsic
Valuation
LowRealHigh
0.112.244.81
Details
Naive
Forecast
LowNextHigh
0.182.765.33
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.802.802.80
Details

Align your values with your investing style

In addition to having Covalon Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.
Gambling Idea
Gambling
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 60 shares
Impulse Idea
Impulse
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Driverless Cars Idea
Driverless Cars
Invested few shares
Social Domain Idea
Social Domain
Invested few shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 30 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares

Other Information on Investing in Covalon OTC Stock

Covalon Technologies financial ratios help investors to determine whether Covalon OTC 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 Covalon with respect to the benefits of owning Covalon Technologies security.