ITSA3F (Brazil) Statistic Functions Beta

ITSA3F Stock  BRL 13.12  0.45  3.55%   
ITSA3F statistic functions tool provides the execution environment for running the Beta function and other technical functions against ITSA3F. ITSA3F 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. ITSA3F 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-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on ITSA3F correlated with the market. If Beta is less than 0 ITSA3F generally moves in the opposite direction as compared to the market. If ITSA3F Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ITSA3F is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ITSA3F is generally in the same direction as the market. If Beta > 1 ITSA3F moves generally in the same direction as, but more than the movement of the benchmark.

ITSA3F Technical Analysis Modules

Most technical analysis of ITSA3F 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 ITSA3F from various momentum indicators to cycle indicators. When you analyze ITSA3F 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 ITSA3F 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 ITSA3F. We use our internally-developed statistical techniques to arrive at the intrinsic value of ITSA3F based on widely used predictive technical indicators. In general, we focus on analyzing ITSA3F Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ITSA3F'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 ITSA3F's intrinsic value. In addition to deriving basic predictive indicators for ITSA3F, we also check how macroeconomic factors affect ITSA3F price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.000.001.74
Details
Intrinsic
Valuation
LowRealHigh
0.000.001.74
Details
Naive
Forecast
LowNextHigh
11.0712.8214.56
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.4612.1312.80
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ITSA3F. Your research has to be compared to or analyzed against ITSA3F's peers to derive any actionable benefits. When done correctly, ITSA3F'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 ITSA3F.

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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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Other Information on Investing in ITSA3F Stock

ITSA3F financial ratios help investors to determine whether ITSA3F 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 ITSA3F with respect to the benefits of owning ITSA3F security.