FARO Technologies (Germany) Statistic Functions Beta

FT1 Stock  EUR 25.80  0.80  3.20%   
FARO Technologies statistic functions tool provides the execution environment for running the Beta function and other technical functions against FARO Technologies. FARO Technologies 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. FARO Technologies 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on FARO Technologies correlated with the market. If Beta is less than 0 FARO Technologies generally moves in the opposite direction as compared to the market. If FARO Technologies Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FARO Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FARO Technologies is generally in the same direction as the market. If Beta > 1 FARO Technologies moves generally in the same direction as, but more than the movement of the benchmark.

FARO Technologies Technical Analysis Modules

Most technical analysis of FARO Technologies 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 FARO from various momentum indicators to cycle indicators. When you analyze FARO 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 FARO Technologies 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 FARO Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of FARO Technologies based on widely used predictive technical indicators. In general, we focus on analyzing FARO Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FARO Technologies'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 FARO Technologies's intrinsic value. In addition to deriving basic predictive indicators for FARO Technologies, we also check how macroeconomic factors affect FARO Technologies price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
20.8025.8030.80
Details
Intrinsic
Valuation
LowRealHigh
22.2627.2632.26
Details
Naive
Forecast
LowNextHigh
19.0724.0729.06
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.6721.0029.34
Details

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Additional Information and Resources on Investing in FARO Stock

When determining whether FARO Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of FARO Technologies' 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 Faro Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Faro Technologies Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FARO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in FARO Stock please use our How to Invest in FARO Technologies guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Please note, there is a significant difference between FARO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FARO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FARO Technologies' 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.