Energy Basic Materials Fund Statistic Functions Beta

SBMBX Fund  USD 12.76  0.07  0.55%   
Energy Basic statistic functions tool provides the execution environment for running the Beta function and other technical functions against Energy Basic. Energy Basic 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 Beta function function is designed to identify and follow existing trends. Energy Basic 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.

The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Energy Basic Materials correlated with the market. If Beta is less than 0 Energy Basic generally moves in the opposite direction as compared to the market. If Energy Basic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Energy Basic Materials is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Energy Basic is generally in the same direction as the market. If Beta > 1 Energy Basic moves generally in the same direction as, but more than the movement of the benchmark.

Energy Basic Technical Analysis Modules

Most technical analysis of Energy Basic 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 Energy from various momentum indicators to cycle indicators. When you analyze Energy 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 Energy Basic 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 Energy Basic Materials. We use our internally-developed statistical techniques to arrive at the intrinsic value of Energy Basic Materials based on widely used predictive technical indicators. In general, we focus on analyzing Energy Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Energy Basic'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 Energy Basic's intrinsic value. In addition to deriving basic predictive indicators for Energy Basic, we also check how macroeconomic factors affect Energy Basic price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
11.8012.7613.72
Details
Intrinsic
Valuation
LowRealHigh
11.7512.7113.67
Details
Naive
Forecast
LowNextHigh
11.7112.6713.63
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.4012.6512.90
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Energy Basic. Your research has to be compared to or analyzed against Energy Basic's peers to derive any actionable benefits. When done correctly, Energy Basic's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Energy Basic Materials.

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Positions Ratings Now

   

Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Entertainment Idea
Entertainment
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 60 shares
Impulse Idea
Impulse
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Video Games Idea
Video Games
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
Chemicals Idea
Chemicals
Invested over 30 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Momentum Idea
Momentum
Invested over 60 shares

Other Information on Investing in Energy Mutual Fund

Energy Basic financial ratios help investors to determine whether Energy Mutual Fund 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 Energy with respect to the benefits of owning Energy Basic security.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing