Galaxy Payroll Group Stock Statistic Functions Beta

GLXG Stock   1.18  0.01  0.85%   
Galaxy Payroll statistic functions tool provides the execution environment for running the Beta function and other technical functions against Galaxy Payroll. Galaxy Payroll 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. Galaxy Payroll 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 ten with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Galaxy Payroll Group correlated with the market. If Beta is less than 0 Galaxy Payroll generally moves in the opposite direction as compared to the market. If Galaxy Payroll Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Galaxy Payroll Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Galaxy Payroll is generally in the same direction as the market. If Beta > 1 Galaxy Payroll moves generally in the same direction as, but more than the movement of the benchmark.

Galaxy Payroll Technical Analysis Modules

Most technical analysis of Galaxy Payroll 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 Galaxy from various momentum indicators to cycle indicators. When you analyze Galaxy 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 Galaxy Payroll 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 Galaxy Payroll Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Galaxy Payroll Group based on widely used predictive technical indicators. In general, we focus on analyzing Galaxy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Galaxy Payroll'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 Galaxy Payroll's intrinsic value. In addition to deriving basic predictive indicators for Galaxy Payroll, we also check how macroeconomic factors affect Galaxy Payroll 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 Galaxy Payroll's 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
0.061.25119.25
Details
Intrinsic
Valuation
LowRealHigh
0.061.13119.13
Details
Naive
Forecast
LowNextHigh
0.020.99134.46
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
-0.322.385.07
Details

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When determining whether Galaxy Payroll Group is a strong investment it is important to analyze Galaxy Payroll's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Galaxy Payroll's future performance. For an informed investment choice regarding Galaxy Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galaxy Payroll Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Business Services 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 Galaxy Payroll. If investors know Galaxy 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 Galaxy Payroll listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Galaxy Payroll Group is measured differently than its book value, which is the value of Galaxy that is recorded on the company's balance sheet. Investors also form their own opinion of Galaxy Payroll's value that differs from its market value or its book value, called intrinsic value, which is Galaxy Payroll'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 Galaxy Payroll's market value can be influenced by many factors that don't directly affect Galaxy Payroll'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 Galaxy Payroll's value and its price as these two are different measures arrived at by different means. Investors typically determine if Galaxy Payroll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galaxy Payroll'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.