Jet2 Plc Stock Statistic Functions Beta

DRTGF Stock  USD 18.54  0.78  4.39%   
Jet2 Plc statistic functions tool provides the execution environment for running the Beta function and other technical functions against Jet2 Plc. Jet2 Plc 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. Jet2 Plc 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 sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Jet2 plc correlated with the market. If Beta is less than 0 Jet2 Plc generally moves in the opposite direction as compared to the market. If Jet2 Plc Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Jet2 plc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Jet2 Plc is generally in the same direction as the market. If Beta > 1 Jet2 Plc moves generally in the same direction as, but more than the movement of the benchmark.

Jet2 Plc Technical Analysis Modules

Most technical analysis of Jet2 Plc 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 Jet2 from various momentum indicators to cycle indicators. When you analyze Jet2 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 Jet2 Plc 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 Jet2 plc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Jet2 plc based on widely used predictive technical indicators. In general, we focus on analyzing Jet2 Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Jet2 Plc'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 Jet2 Plc's intrinsic value. In addition to deriving basic predictive indicators for Jet2 Plc, we also check how macroeconomic factors affect Jet2 Plc price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
16.9918.5420.09
Details
Intrinsic
Valuation
LowRealHigh
13.8615.4120.39
Details
Naive
Forecast
LowNextHigh
17.2218.7720.33
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.3917.8019.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jet2 Plc. Your research has to be compared to or analyzed against Jet2 Plc's peers to derive any actionable benefits. When done correctly, Jet2 Plc'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 Jet2 plc.

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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 Jet2 Pink Sheet

Jet2 Plc financial ratios help investors to determine whether Jet2 Pink Sheet 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 Jet2 with respect to the benefits of owning Jet2 Plc security.