Showbox Corp (Korea) Statistic Functions Pearson Correlation Coefficient

086980 Stock  KRW 4,355  35.00  0.81%   
Showbox Corp statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Showbox Corp. Showbox Corp 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 Pearson Correlation Coefficient function function is designed to identify and follow existing trends. Showbox Corp 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 two with a total number of output elements of fifty-nine. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of Showbox Corp and its benchmark or peer.

Showbox Corp Technical Analysis Modules

Most technical analysis of Showbox Corp 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 Showbox from various momentum indicators to cycle indicators. When you analyze Showbox 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 Showbox Corp 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 Showbox Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Showbox Corp based on widely used predictive technical indicators. In general, we focus on analyzing Showbox Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Showbox Corp'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 Showbox Corp's intrinsic value. In addition to deriving basic predictive indicators for Showbox Corp, we also check how macroeconomic factors affect Showbox Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
4,3524,3554,358
Details
Intrinsic
Valuation
LowRealHigh
3,6303,6334,790
Details
Naive
Forecast
LowNextHigh
4,3154,3184,321
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4,3104,3434,376
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Showbox Corp. Your research has to be compared to or analyzed against Showbox Corp's peers to derive any actionable benefits. When done correctly, Showbox Corp'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 Showbox Corp.
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 Showbox Corp 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, Showbox Corp's short interest history, or implied volatility extrapolated from Showbox Corp options trading.

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Other Information on Investing in Showbox Stock

Showbox Corp financial ratios help investors to determine whether Showbox 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 Showbox with respect to the benefits of owning Showbox Corp security.