49 North statistic functions tool provides the execution environment for running the Beta function and other technical functions against 49 North. 49 North 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. 49 North 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 49 North Resources correlated with the market. If Beta is less than 0 49 North generally moves in the opposite direction as compared to the market. If 49 North Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 49 North Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 49 North is generally in the same direction as the market. If Beta > 1 49 North moves generally in the same direction as, but more than the movement of the benchmark.
49 North Technical Analysis Modules
Most technical analysis of 49 North 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 FNINF from various momentum indicators to cycle indicators. When you analyze FNINF 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.
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 49 North Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of 49 North Resources based on widely used predictive technical indicators. In general, we focus on analyzing FNINF Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 49 North'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 49 North's intrinsic value. In addition to deriving basic predictive indicators for 49 North, we also check how macroeconomic factors affect 49 North price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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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Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 49 North position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 49 North will appreciate offsetting losses from the drop in the long position's value.
49 North Pair Trading
49 North Resources Pair Trading Analysis
Other Information on Investing in FNINF Pink Sheet
49 North financial ratios help investors to determine whether FNINF 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 FNINF with respect to the benefits of owning 49 North security.