Meezan Bank (Pakistan) Statistic Functions Beta

MEBL Stock   257.44  22.40  9.53%   
Meezan Bank statistic functions tool provides the execution environment for running the Beta function and other technical functions against Meezan Bank. Meezan Bank 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. Meezan Bank 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Meezan Bank correlated with the market. If Beta is less than 0 Meezan Bank generally moves in the opposite direction as compared to the market. If Meezan Bank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Meezan Bank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Meezan Bank is generally in the same direction as the market. If Beta > 1 Meezan Bank moves generally in the same direction as, but more than the movement of the benchmark.

Meezan Bank Technical Analysis Modules

Most technical analysis of Meezan Bank 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 Meezan from various momentum indicators to cycle indicators. When you analyze Meezan 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 Meezan Bank 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 Meezan Bank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Meezan Bank based on widely used predictive technical indicators. In general, we focus on analyzing Meezan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Meezan Bank'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 Meezan Bank's intrinsic value. In addition to deriving basic predictive indicators for Meezan Bank, we also check how macroeconomic factors affect Meezan Bank price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
255.72257.44259.16
Details
Intrinsic
Valuation
LowRealHigh
243.01244.73283.18
Details
Naive
Forecast
LowNextHigh
258.96260.68262.40
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
222.82233.55244.28
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 Meezan Bank 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, Meezan Bank's short interest history, or implied volatility extrapolated from Meezan Bank options trading.

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Other Information on Investing in Meezan Stock

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