Ovzon AB (Sweden) Statistic Functions Beta

OVZON Stock   42.65  0.85  2.03%   
Ovzon AB statistic functions tool provides the execution environment for running the Beta function and other technical functions against Ovzon AB. Ovzon 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. Ovzon 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 thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Ovzon AB correlated with the market. If Beta is less than 0 Ovzon AB generally moves in the opposite direction as compared to the market. If Ovzon AB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ovzon AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ovzon AB is generally in the same direction as the market. If Beta > 1 Ovzon AB moves generally in the same direction as, but more than the movement of the benchmark.

Ovzon AB Technical Analysis Modules

Most technical analysis of Ovzon 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 Ovzon from various momentum indicators to cycle indicators. When you analyze Ovzon 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 Ovzon 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 Ovzon AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ovzon AB based on widely used predictive technical indicators. In general, we focus on analyzing Ovzon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ovzon 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 Ovzon AB's intrinsic value. In addition to deriving basic predictive indicators for Ovzon AB, we also check how macroeconomic factors affect Ovzon AB price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
38.8542.6546.45
Details
Intrinsic
Valuation
LowRealHigh
30.7234.5246.92
Details
Naive
Forecast
LowNextHigh
40.2044.0047.80
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.5534.4341.30
Details

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Additional Tools for Ovzon Stock Analysis

When running Ovzon AB's price analysis, check to measure Ovzon AB's 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 Ovzon AB is operating at the current time. Most of Ovzon AB's value examination focuses on studying past and present price action to predict the probability of Ovzon AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovzon AB's price. Additionally, you may evaluate how the addition of Ovzon AB to your portfolios can decrease your overall portfolio volatility.