Asia Polymer (Taiwan) Statistic Functions Pearson Correlation Coefficient

1308 Stock  TWD 17.10  0.15  0.88%   
Asia Polymer statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Asia Polymer. Asia Polymer 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. Asia Polymer 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 Asia Polymer Corp and its benchmark or peer.

Asia Polymer Technical Analysis Modules

Most technical analysis of Asia Polymer 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 Asia from various momentum indicators to cycle indicators. When you analyze Asia 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 Asia Polymer 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 Asia Polymer Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Asia Polymer Corp based on widely used predictive technical indicators. In general, we focus on analyzing Asia Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Asia Polymer'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 Asia Polymer's intrinsic value. In addition to deriving basic predictive indicators for Asia Polymer, we also check how macroeconomic factors affect Asia Polymer price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
14.4917.1019.71
Details
Intrinsic
Valuation
LowRealHigh
14.9817.5920.20
Details
Naive
Forecast
LowNextHigh
12.5315.1317.74
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.9117.0517.19
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 Asia Polymer 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, Asia Polymer's short interest history, or implied volatility extrapolated from Asia Polymer options trading.

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Additional Tools for Asia Stock Analysis

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