Eros Resources Corp Stock Statistic Functions Beta

EROSF Stock  USD 0.04  0.0002  0.50%   
Eros Resources statistic functions tool provides the execution environment for running the Beta function and other technical functions against Eros Resources. Eros Resources 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. Eros Resources 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 Eros Resources Corp correlated with the market. If Beta is less than 0 Eros Resources generally moves in the opposite direction as compared to the market. If Eros Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eros Resources Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eros Resources is generally in the same direction as the market. If Beta > 1 Eros Resources moves generally in the same direction as, but more than the movement of the benchmark.

Eros Resources Technical Analysis Modules

Most technical analysis of Eros Resources 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 Eros from various momentum indicators to cycle indicators. When you analyze Eros 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 Eros Resources 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 Eros Resources Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eros Resources Corp based on widely used predictive technical indicators. In general, we focus on analyzing Eros OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eros Resources'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 Eros Resources's intrinsic value. In addition to deriving basic predictive indicators for Eros Resources, we also check how macroeconomic factors affect Eros Resources price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eros Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.045.54
Details
Intrinsic
Valuation
LowRealHigh
0.000.045.54
Details
Naive
Forecast
LowNextHigh
0.00080.045.54
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.040.040.04
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eros Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eros Resources' short interest history, or implied volatility extrapolated from Eros Resources options trading.

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Other Information on Investing in Eros OTC Stock

Eros Resources financial ratios help investors to determine whether Eros 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 Eros with respect to the benefits of owning Eros Resources security.