OVERSEA CHINUNSPADR/2 (Germany) Statistic Functions Beta

OCBB Stock  EUR 23.00  0.20  0.88%   
OVERSEA CHINUNSPADR/2 statistic functions tool provides the execution environment for running the Beta function and other technical functions against OVERSEA CHINUNSPADR/2. OVERSEA CHINUNSPADR/2 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. OVERSEA CHINUNSPADR/2 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 OVERSEA CHINUNSPADR/2 correlated with the market. If Beta is less than 0 OVERSEA CHINUNSPADR/2 generally moves in the opposite direction as compared to the market. If OVERSEA CHINUNSPADR/2 Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one OVERSEA CHINUNSPADR/2 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of OVERSEA CHINUNSPADR/2 is generally in the same direction as the market. If Beta > 1 OVERSEA CHINUNSPADR/2 moves generally in the same direction as, but more than the movement of the benchmark.

OVERSEA CHINUNSPADR/2 Technical Analysis Modules

Most technical analysis of OVERSEA CHINUNSPADR/2 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 OVERSEA from various momentum indicators to cycle indicators. When you analyze OVERSEA 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 OVERSEA CHINUNSPADR/2 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 OVERSEA CHINUNSPADR2. We use our internally-developed statistical techniques to arrive at the intrinsic value of OVERSEA CHINUNSPADR2 based on widely used predictive technical indicators. In general, we focus on analyzing OVERSEA Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OVERSEA CHINUNSPADR/2'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 OVERSEA CHINUNSPADR/2's intrinsic value. In addition to deriving basic predictive indicators for OVERSEA CHINUNSPADR/2, we also check how macroeconomic factors affect OVERSEA CHINUNSPADR/2 price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
22.0423.0023.96
Details
Intrinsic
Valuation
LowRealHigh
20.7026.1727.13
Details
Naive
Forecast
LowNextHigh
22.4623.4224.38
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.8421.5423.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as OVERSEA CHINUNSPADR/2. Your research has to be compared to or analyzed against OVERSEA CHINUNSPADR/2's peers to derive any actionable benefits. When done correctly, OVERSEA CHINUNSPADR/2'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 OVERSEA CHINUNSPADR/2.
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 OVERSEA CHINUNSPADR/2 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, OVERSEA CHINUNSPADR/2's short interest history, or implied volatility extrapolated from OVERSEA CHINUNSPADR/2 options trading.

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Other Information on Investing in OVERSEA Stock

OVERSEA CHINUNSPADR/2 financial ratios help investors to determine whether OVERSEA 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 OVERSEA with respect to the benefits of owning OVERSEA CHINUNSPADR/2 security.