Gruma SAB (Mexico) Statistic Functions Beta

GRUMAB Stock  MXN 343.65  1.33  0.39%   
Gruma SAB statistic functions tool provides the execution environment for running the Beta function and other technical functions against Gruma SAB. Gruma SAB 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. Gruma SAB 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Gruma SAB de correlated with the market. If Beta is less than 0 Gruma SAB generally moves in the opposite direction as compared to the market. If Gruma SAB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Gruma SAB de is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Gruma SAB is generally in the same direction as the market. If Beta > 1 Gruma SAB moves generally in the same direction as, but more than the movement of the benchmark.

Gruma SAB Technical Analysis Modules

Most technical analysis of Gruma SAB 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 Gruma from various momentum indicators to cycle indicators. When you analyze Gruma 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 Gruma SAB 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 Gruma SAB de. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gruma SAB de based on widely used predictive technical indicators. In general, we focus on analyzing Gruma Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gruma SAB'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 Gruma SAB's intrinsic value. In addition to deriving basic predictive indicators for Gruma SAB, we also check how macroeconomic factors affect Gruma SAB price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
341.92343.65345.38
Details
Intrinsic
Valuation
LowRealHigh
322.59324.32378.02
Details
Naive
Forecast
LowNextHigh
334.39336.13337.86
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
342.84344.09345.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gruma SAB. Your research has to be compared to or analyzed against Gruma SAB's peers to derive any actionable benefits. When done correctly, Gruma SAB's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Gruma SAB de.

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Other Information on Investing in Gruma Stock

Gruma SAB financial ratios help investors to determine whether Gruma 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 Gruma with respect to the benefits of owning Gruma SAB security.