Eli Lilly And Stock Statistic Functions Pearson Correlation Coefficient

LLY Stock  USD 748.01  1.91  0.25%   
Eli Lilly statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Eli Lilly. Eli Lilly 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. Eli Lilly 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
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The output start index for this execution was eleven with a total number of output elements of fifty. 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 Eli Lilly and its benchmark or peer.

Eli Lilly Technical Analysis Modules

Most technical analysis of Eli Lilly 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 Eli from various momentum indicators to cycle indicators. When you analyze Eli 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 Eli Lilly 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 Eli Lilly and. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eli Lilly and based on widely used predictive technical indicators. In general, we focus on analyzing Eli Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eli Lilly'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 Eli Lilly's intrinsic value. In addition to deriving basic predictive indicators for Eli Lilly, we also check how macroeconomic factors affect Eli Lilly price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01230.01070.0077260.00734
Price To Sales Ratio8.8511.5615.4316.21
Hype
Prediction
LowEstimatedHigh
744.11745.91822.81
Details
Intrinsic
Valuation
LowRealHigh
625.37627.17822.81
Details
Naive
Forecast
LowNextHigh
753.39755.19756.98
Details
27 Analysts
Consensus
LowTargetHigh
549.25603.57669.96
Details

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Additional Tools for Eli Stock Analysis

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