Sunny Loan (China) Statistic Functions Pearson Correlation Coefficient

600830 Stock   9.78  0.15  1.51%   
Sunny Loan statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Sunny Loan. Sunny Loan 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. Sunny Loan 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.

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Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was zero with a total number of output elements of sixty-one. 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 Sunny Loan Top and its benchmark or peer.

Sunny Loan Technical Analysis Modules

Most technical analysis of Sunny Loan 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 Sunny from various momentum indicators to cycle indicators. When you analyze Sunny 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 Sunny Loan 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 Sunny Loan Top. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sunny Loan Top based on widely used predictive technical indicators. In general, we focus on analyzing Sunny Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sunny Loan'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 Sunny Loan's intrinsic value. In addition to deriving basic predictive indicators for Sunny Loan, we also check how macroeconomic factors affect Sunny Loan price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
5.329.8014.28
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Intrinsic
Valuation
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3.888.3612.84
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sunny Loan. Your research has to be compared to or analyzed against Sunny Loan's peers to derive any actionable benefits. When done correctly, Sunny Loan'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 Sunny Loan Top.

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Other Information on Investing in Sunny Stock

Sunny Loan financial ratios help investors to determine whether Sunny 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 Sunny with respect to the benefits of owning Sunny Loan security.