Nanexa AB (Sweden) Statistic Functions Beta

NANEXA Stock   1.56  0.05  3.31%   
Nanexa AB statistic functions tool provides the execution environment for running the Beta function and other technical functions against Nanexa AB. Nanexa AB 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. Nanexa AB 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Nanexa AB correlated with the market. If Beta is less than 0 Nanexa AB generally moves in the opposite direction as compared to the market. If Nanexa AB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nanexa AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nanexa AB is generally in the same direction as the market. If Beta > 1 Nanexa AB moves generally in the same direction as, but more than the movement of the benchmark.

Nanexa AB Technical Analysis Modules

Most technical analysis of Nanexa AB 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 Nanexa from various momentum indicators to cycle indicators. When you analyze Nanexa 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 Nanexa AB 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 Nanexa AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nanexa AB based on widely used predictive technical indicators. In general, we focus on analyzing Nanexa Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nanexa AB'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 Nanexa AB's intrinsic value. In addition to deriving basic predictive indicators for Nanexa AB, we also check how macroeconomic factors affect Nanexa AB 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 Nanexa AB'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
0.081.566.64
Details
Intrinsic
Valuation
LowRealHigh
0.061.276.35
Details
Naive
Forecast
LowNextHigh
0.031.746.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.011.311.61
Details

Be your own money manager

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.

Generate Optimal Portfolios

Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Other Information on Investing in Nanexa Stock

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