Peak Minerals (Germany) Statistic Functions Pearson Correlation Coefficient

H7K Stock  EUR 0  0.00  0.00%   
Peak Minerals statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Peak Minerals. Peak Minerals 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. Peak Minerals 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 thirty-five with a total number of output elements of twenty-six. 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 Peak Minerals Limited and its benchmark or peer.

Peak Minerals Technical Analysis Modules

Most technical analysis of Peak Minerals 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 Peak from various momentum indicators to cycle indicators. When you analyze Peak 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 Peak Minerals 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 Peak Minerals Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Peak Minerals Limited based on widely used predictive technical indicators. In general, we focus on analyzing Peak Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Peak Minerals'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 Peak Minerals's intrinsic value. In addition to deriving basic predictive indicators for Peak Minerals, we also check how macroeconomic factors affect Peak Minerals price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.00032.62
Details
Intrinsic
Valuation
LowRealHigh
0.00032.62
Details
Naive
Forecast
LowNextHigh
0.000063032.62
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.000600
Details

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Other Information on Investing in Peak Stock

Peak Minerals financial ratios help investors to determine whether Peak 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 Peak with respect to the benefits of owning Peak Minerals security.