Elektroimportoren (Norway) Statistic Functions Beta
ELIMP Stock | NOK 13.00 0.15 1.14% |
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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Elektroimportoren correlated with the market. If Beta is less than 0 Elektroimportoren generally moves in the opposite direction as compared to the market. If Elektroimportoren Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Elektroimportoren is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Elektroimportoren is generally in the same direction as the market. If Beta > 1 Elektroimportoren moves generally in the same direction as, but more than the movement of the benchmark.
Elektroimportoren Technical Analysis Modules
Most technical analysis of Elektroimportoren 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 Elektroimportoren from various momentum indicators to cycle indicators. When you analyze Elektroimportoren 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.Cycle Indicators | ||
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About Elektroimportoren 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 Elektroimportoren As. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elektroimportoren As based on widely used predictive technical indicators. In general, we focus on analyzing Elektroimportoren Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elektroimportoren'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 Elektroimportoren's intrinsic value. In addition to deriving basic predictive indicators for Elektroimportoren, we also check how macroeconomic factors affect Elektroimportoren price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Other Information on Investing in Elektroimportoren Stock
Elektroimportoren financial ratios help investors to determine whether Elektroimportoren 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 Elektroimportoren with respect to the benefits of owning Elektroimportoren security.