Northern Star (Germany) Statistic Functions Pearson Correlation Coefficient

NS7 Stock  EUR 10.94  0.19  1.77%   
Northern Star statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Northern Star. Northern Star 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. Northern Star 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 two with a total number of output elements of fifty-nine. 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 Northern Star Resources and its benchmark or peer.

Northern Star Technical Analysis Modules

Most technical analysis of Northern Star 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 Northern from various momentum indicators to cycle indicators. When you analyze Northern 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 Northern Star 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 Northern Star Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Northern Star Resources based on widely used predictive technical indicators. In general, we focus on analyzing Northern Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Northern Star'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 Northern Star's intrinsic value. In addition to deriving basic predictive indicators for Northern Star, we also check how macroeconomic factors affect Northern Star price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
8.6310.9413.25
Details
Intrinsic
Valuation
LowRealHigh
8.0810.3912.70
Details
Naive
Forecast
LowNextHigh
8.9411.2513.56
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.7010.8811.06
Details

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Other Information on Investing in Northern Stock

Northern Star financial ratios help investors to determine whether Northern 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 Northern with respect to the benefits of owning Northern Star security.