PICKN PAY (Germany) Statistic Functions Pearson Correlation Coefficient

PIK Stock   1.51  0.02  1.31%   
PICKN PAY statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against PICKN PAY. PICKN PAY 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. PICKN PAY 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 PICKN PAY STORES and its benchmark or peer.

PICKN PAY Technical Analysis Modules

Most technical analysis of PICKN PAY 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 PICKN from various momentum indicators to cycle indicators. When you analyze PICKN 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 PICKN PAY 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 PICKN PAY STORES. We use our internally-developed statistical techniques to arrive at the intrinsic value of PICKN PAY STORES based on widely used predictive technical indicators. In general, we focus on analyzing PICKN Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PICKN PAY'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 PICKN PAY's intrinsic value. In addition to deriving basic predictive indicators for PICKN PAY, we also check how macroeconomic factors affect PICKN PAY price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PICKN PAY's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.081.514.45
Details
Intrinsic
Valuation
LowRealHigh
0.061.214.15
Details
Naive
Forecast
LowNextHigh
0.031.614.55
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.501.521.54
Details

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Additional Tools for PICKN Stock Analysis

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