Excelsior Alimentos (Brazil) Statistic Functions Pearson Correlation Coefficient

BAUH4 Preferred Stock  BRL 78.79  0.30  0.38%   
Excelsior Alimentos statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Excelsior Alimentos. Excelsior Alimentos 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. Excelsior Alimentos 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 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 Excelsior Alimentos and its benchmark or peer.

Excelsior Alimentos Technical Analysis Modules

Most technical analysis of Excelsior Alimentos 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 Excelsior from various momentum indicators to cycle indicators. When you analyze Excelsior 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 Excelsior Alimentos 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 Excelsior Alimentos SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Excelsior Alimentos SA based on widely used predictive technical indicators. In general, we focus on analyzing Excelsior Preferred Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Excelsior Alimentos'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 Excelsior Alimentos's intrinsic value. In addition to deriving basic predictive indicators for Excelsior Alimentos, we also check how macroeconomic factors affect Excelsior Alimentos price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
78.5278.7979.06
Details
Intrinsic
Valuation
LowRealHigh
78.5978.8679.13
Details
Naive
Forecast
LowNextHigh
78.4478.7178.98
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
78.5778.7478.92
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Excelsior Alimentos. Your research has to be compared to or analyzed against Excelsior Alimentos' peers to derive any actionable benefits. When done correctly, Excelsior Alimentos' 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 Excelsior Alimentos.

Be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Generate Optimal Portfolios

Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Additional Tools for Excelsior Preferred Stock Analysis

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