Bny Mellon Porate Fund Statistic Functions Pearson Correlation Coefficient

BYMMX Fund  USD 12.30  0.02  0.16%   
Bny Mellon statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Bny Mellon. Bny Mellon 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. Bny Mellon 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 Bny Mellon Porate and its benchmark or peer.

Bny Mellon Technical Analysis Modules

Most technical analysis of Bny Mellon 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 Bny from various momentum indicators to cycle indicators. When you analyze Bny 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 Bny Mellon 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 Bny Mellon Porate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bny Mellon Porate based on widely used predictive technical indicators. In general, we focus on analyzing Bny Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bny Mellon'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 Bny Mellon's intrinsic value. In addition to deriving basic predictive indicators for Bny Mellon, we also check how macroeconomic factors affect Bny Mellon price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
12.0812.3012.52
Details
Intrinsic
Valuation
LowRealHigh
12.0812.3012.52
Details
Naive
Forecast
LowNextHigh
12.1012.3212.54
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.1612.2512.33
Details

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Other Information on Investing in Bny Mutual Fund

Bny Mellon financial ratios help investors to determine whether Bny Mutual Fund 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 Bny with respect to the benefits of owning Bny Mellon security.
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