Byggmstare Anders (Sweden) Statistic Functions Linear Regression Intercept

AJA-B Stock  SEK 260.00  5.00  1.96%   
Byggmstare Anders statistic functions tool provides the execution environment for running the Linear Regression Intercept function and other technical functions against Byggmstare Anders. Byggmstare Anders 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 Linear Regression Intercept function function is designed to identify and follow existing trends. Byggmstare Anders 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.

Function
Time Period
Execute Function
The output start index for this execution was nine with a total number of output elements of fifty-two. The Linear Regression Intercept is the expected mean value of Byggmstare Anders price seriese where values of its benchmark or peer price series are zero.

Byggmstare Anders Technical Analysis Modules

Most technical analysis of Byggmstare Anders 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 Byggmstare from various momentum indicators to cycle indicators. When you analyze Byggmstare 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 Byggmstare Anders 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 Byggmstare Anders J. We use our internally-developed statistical techniques to arrive at the intrinsic value of Byggmstare Anders J based on widely used predictive technical indicators. In general, we focus on analyzing Byggmstare Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Byggmstare Anders'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 Byggmstare Anders's intrinsic value. In addition to deriving basic predictive indicators for Byggmstare Anders, we also check how macroeconomic factors affect Byggmstare Anders price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
258.75260.00261.25
Details
Intrinsic
Valuation
LowRealHigh
246.94248.19286.00
Details
Naive
Forecast
LowNextHigh
263.09264.34265.60
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
242.66252.00261.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Byggmstare Anders. Your research has to be compared to or analyzed against Byggmstare Anders' peers to derive any actionable benefits. When done correctly, Byggmstare Anders' 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 Byggmstare Anders.

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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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Byggmstare Anders pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Byggmstare Anders position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Byggmstare Anders will appreciate offsetting losses from the drop in the long position's value.

Byggmstare Anders Pair Trading

Byggmstare Anders J Pair Trading Analysis

The ability to find closely correlated positions to Byggmstare Anders could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Byggmstare Anders when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Byggmstare Anders - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Byggmstare Anders J to buy it.
The correlation of Byggmstare Anders is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Byggmstare Anders moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Byggmstare Anders moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Byggmstare Anders can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Byggmstare Stock Analysis

When running Byggmstare Anders' price analysis, check to measure Byggmstare Anders' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Byggmstare Anders is operating at the current time. Most of Byggmstare Anders' value examination focuses on studying past and present price action to predict the probability of Byggmstare Anders' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Byggmstare Anders' price. Additionally, you may evaluate how the addition of Byggmstare Anders to your portfolios can decrease your overall portfolio volatility.