Egain Stock Statistic Functions Beta

EGAN Stock  USD 5.16  0.11  2.18%   
EGain statistic functions tool provides the execution environment for running the Beta function and other technical functions against EGain. EGain 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. EGain 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on eGain correlated with the market. If Beta is less than 0 EGain generally moves in the opposite direction as compared to the market. If EGain Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one eGain is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of EGain is generally in the same direction as the market. If Beta > 1 EGain moves generally in the same direction as, but more than the movement of the benchmark.

EGain Technical Analysis Modules

Most technical analysis of EGain 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 EGain from various momentum indicators to cycle indicators. When you analyze EGain 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 EGain 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 eGain. We use our internally-developed statistical techniques to arrive at the intrinsic value of eGain based on widely used predictive technical indicators. In general, we focus on analyzing EGain Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EGain'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 EGain's intrinsic value. In addition to deriving basic predictive indicators for EGain, we also check how macroeconomic factors affect EGain 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 Turnover14.3813.3610.136.59
Days Of Inventory On Hand61.0850.6445.5835.42
Hype
Prediction
LowEstimatedHigh
1.225.139.04
Details
Intrinsic
Valuation
LowRealHigh
2.556.4610.37
Details
Naive
Forecast
LowNextHigh
0.724.638.54
Details
2 Analysts
Consensus
LowTargetHigh
10.0111.0012.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as EGain. Your research has to be compared to or analyzed against EGain's peers to derive any actionable benefits. When done correctly, EGain'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 eGain.

Align your values with your investing style

In addition to having EGain 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.
Driverless Cars Idea
Driverless Cars
Invested over 200 shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Momentum Idea
Momentum
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 200 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 40 shares
Blockchain Idea
Blockchain
Invested few shares
Sport Products Idea
Sport Products
Invested few shares
Defense Idea
Defense
Sold few shares
Chemicals Idea
Chemicals
Invested over 30 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
Business Services Idea
Business Services
Invested few shares
When determining whether eGain offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EGain's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Egain Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Egain Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eGain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in EGain Stock, please use our How to Invest in EGain guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EGain. If investors know EGain will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EGain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.75)
Earnings Share
0.19
Revenue Per Share
3
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0266
The market value of eGain is measured differently than its book value, which is the value of EGain that is recorded on the company's balance sheet. Investors also form their own opinion of EGain's value that differs from its market value or its book value, called intrinsic value, which is EGain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EGain's market value can be influenced by many factors that don't directly affect EGain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EGain's value and its price as these two are different measures arrived at by different means. Investors typically determine if EGain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EGain'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.