ICC International (Thailand) Statistic Functions Pearson Correlation Coefficient

ICC Stock  THB 32.00  0.25  0.79%   
ICC International statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against ICC International. ICC International 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. ICC International 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 ICC International Public and its benchmark or peer.

ICC International Technical Analysis Modules

Most technical analysis of ICC International 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 ICC from various momentum indicators to cycle indicators. When you analyze ICC 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 ICC International 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 ICC International Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of ICC International Public based on widely used predictive technical indicators. In general, we focus on analyzing ICC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ICC International'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 ICC International's intrinsic value. In addition to deriving basic predictive indicators for ICC International, we also check how macroeconomic factors affect ICC International price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
1.6032.003,232
Details
Intrinsic
Valuation
LowRealHigh
1.3426.773,227
Details
Naive
Forecast
LowNextHigh
0.6230.81157.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
29.5531.5733.60
Details

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Other Information on Investing in ICC Stock

ICC International financial ratios help investors to determine whether ICC 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 ICC with respect to the benefits of owning ICC International security.