OPEN HOUSE (Germany) Statistic Functions Pearson Correlation Coefficient

O4H Stock  EUR 34.60  0.40  1.14%   
OPEN HOUSE statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against OPEN HOUSE. OPEN HOUSE 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. OPEN HOUSE 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 OPEN HOUSE GROUP and its benchmark or peer.

OPEN HOUSE Technical Analysis Modules

Most technical analysis of OPEN HOUSE 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 OPEN from various momentum indicators to cycle indicators. When you analyze OPEN 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 OPEN HOUSE 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 OPEN HOUSE GROUP. We use our internally-developed statistical techniques to arrive at the intrinsic value of OPEN HOUSE GROUP based on widely used predictive technical indicators. In general, we focus on analyzing OPEN Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OPEN HOUSE'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 OPEN HOUSE's intrinsic value. In addition to deriving basic predictive indicators for OPEN HOUSE, we also check how macroeconomic factors affect OPEN HOUSE price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
32.9334.6036.27
Details
Intrinsic
Valuation
LowRealHigh
32.7334.4036.07
Details
Naive
Forecast
LowNextHigh
32.9534.6236.29
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
34.4834.6734.86
Details

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Other Information on Investing in OPEN Stock

OPEN HOUSE financial ratios help investors to determine whether OPEN 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 OPEN with respect to the benefits of owning OPEN HOUSE security.