Nexans Sa Stock Statistic Functions Pearson Correlation Coefficient

NXPRF Stock  USD 107.20  7.90  6.86%   
Nexans SA statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Nexans SA. Nexans SA 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. Nexans SA 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was zero with a total number of output elements of sixty-one. 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 Nexans SA and its benchmark or peer.

Nexans SA Technical Analysis Modules

Most technical analysis of Nexans SA 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 Nexans from various momentum indicators to cycle indicators. When you analyze Nexans 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 Nexans SA 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 Nexans SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nexans SA based on widely used predictive technical indicators. In general, we focus on analyzing Nexans Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nexans SA'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 Nexans SA's intrinsic value. In addition to deriving basic predictive indicators for Nexans SA, we also check how macroeconomic factors affect Nexans SA price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
104.76107.20109.64
Details
Intrinsic
Valuation
LowRealHigh
96.0998.53117.92
Details

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Other Information on Investing in Nexans Pink Sheet

Nexans SA financial ratios help investors to determine whether Nexans Pink Sheet 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 Nexans with respect to the benefits of owning Nexans SA security.