Lumax Auto (India) Statistic Functions Beta

LUMAXTECH   514.40  5.70  1.10%   
Lumax Auto statistic functions tool provides the execution environment for running the Beta function and other technical functions against Lumax Auto. Lumax Auto 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. Lumax Auto 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.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Lumax Auto Technologies correlated with the market. If Beta is less than 0 Lumax Auto generally moves in the opposite direction as compared to the market. If Lumax Auto Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lumax Auto Technologies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lumax Auto is generally in the same direction as the market. If Beta > 1 Lumax Auto moves generally in the same direction as, but more than the movement of the benchmark.

Lumax Auto Technical Analysis Modules

Most technical analysis of Lumax Auto 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 Lumax from various momentum indicators to cycle indicators. When you analyze Lumax 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 Lumax Auto 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 Lumax Auto Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lumax Auto Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Lumax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lumax Auto'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 Lumax Auto's intrinsic value. In addition to deriving basic predictive indicators for Lumax Auto, we also check how macroeconomic factors affect Lumax Auto 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 Lumax Auto'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
517.82520.10522.38
Details
Intrinsic
Valuation
LowRealHigh
468.09525.38527.66
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lumax Auto in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lumax Auto's short interest history, or implied volatility extrapolated from Lumax Auto options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Other Information on Investing in Lumax Stock

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