NEL ASA (Germany) Statistic Functions Beta

D7GA Stock  EUR 7.45  0.20  2.61%   
NEL ASA statistic functions tool provides the execution environment for running the Beta function and other technical functions against NEL ASA. NEL ASA 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. NEL ASA 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.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on NEL ASA ADR30 correlated with the market. If Beta is less than 0 NEL ASA generally moves in the opposite direction as compared to the market. If NEL ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NEL ASA ADR30 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NEL ASA is generally in the same direction as the market. If Beta > 1 NEL ASA moves generally in the same direction as, but more than the movement of the benchmark.

NEL ASA Technical Analysis Modules

Most technical analysis of NEL ASA 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 NEL from various momentum indicators to cycle indicators. When you analyze NEL 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 NEL ASA 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 NEL ASA ADR30. We use our internally-developed statistical techniques to arrive at the intrinsic value of NEL ASA ADR30 based on widely used predictive technical indicators. In general, we focus on analyzing NEL Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NEL ASA'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 NEL ASA's intrinsic value. In addition to deriving basic predictive indicators for NEL ASA, we also check how macroeconomic factors affect NEL ASA price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
2.327.4512.58
Details
Intrinsic
Valuation
LowRealHigh
2.027.1512.28
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NEL ASA. Your research has to be compared to or analyzed against NEL ASA's peers to derive any actionable benefits. When done correctly, NEL ASA'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 NEL ASA ADR30.

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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.

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Other Information on Investing in NEL Stock

NEL ASA financial ratios help investors to determine whether NEL 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 NEL with respect to the benefits of owning NEL ASA security.