Penghua Shenzhen (China) Statistic Functions Pearson Correlation Coefficient

180401 Stock   6.01  0.01  0.17%   
Penghua Shenzhen statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Penghua Shenzhen. Penghua Shenzhen 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. Penghua Shenzhen 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
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The output start index for this execution was nine with a total number of output elements of fifty-two. 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 Penghua Shenzhen Energy and its benchmark or peer.

Penghua Shenzhen Technical Analysis Modules

Most technical analysis of Penghua Shenzhen 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 Penghua from various momentum indicators to cycle indicators. When you analyze Penghua 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 Penghua Shenzhen 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 Penghua Shenzhen Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Penghua Shenzhen Energy based on widely used predictive technical indicators. In general, we focus on analyzing Penghua Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Penghua Shenzhen'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 Penghua Shenzhen's intrinsic value. In addition to deriving basic predictive indicators for Penghua Shenzhen, we also check how macroeconomic factors affect Penghua Shenzhen price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
5.526.016.50
Details
Intrinsic
Valuation
LowRealHigh
5.516.006.49
Details
Naive
Forecast
LowNextHigh
5.475.976.46
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.006.026.04
Details

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Other Information on Investing in Penghua Stock

Penghua Shenzhen financial ratios help investors to determine whether Penghua 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 Penghua with respect to the benefits of owning Penghua Shenzhen security.