Senseonics Holdings Stock Statistic Functions Beta

SENS Stock  USD 0.30  0.02  6.25%   
Senseonics Holdings statistic functions tool provides the execution environment for running the Beta function and other technical functions against Senseonics Holdings. Senseonics Holdings 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. Senseonics Holdings 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Senseonics Holdings correlated with the market. If Beta is less than 0 Senseonics Holdings generally moves in the opposite direction as compared to the market. If Senseonics Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Senseonics Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Senseonics Holdings is generally in the same direction as the market. If Beta > 1 Senseonics Holdings moves generally in the same direction as, but more than the movement of the benchmark.

Senseonics Holdings Technical Analysis Modules

Most technical analysis of Senseonics Holdings 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 Senseonics from various momentum indicators to cycle indicators. When you analyze Senseonics 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 Senseonics Holdings 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 Senseonics Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Senseonics Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Senseonics Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Senseonics Holdings'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 Senseonics Holdings's intrinsic value. In addition to deriving basic predictive indicators for Senseonics Holdings, we also check how macroeconomic factors affect Senseonics Holdings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover12.0332.614.226.3
Days Of Inventory On Hand159.14195.18165.98174.9
Hype
Prediction
LowEstimatedHigh
0.020.305.05
Details
Intrinsic
Valuation
LowRealHigh
0.030.645.39
Details
Naive
Forecast
LowNextHigh
0.010.325.08
Details
4 Analysts
Consensus
LowTargetHigh
1.521.671.85
Details

Learn to be 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 Companies Directory Now

   

Companies Directory

Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
All  Next Launch Module

Senseonics Holdings pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Senseonics Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Senseonics Holdings will appreciate offsetting losses from the drop in the long position's value.

Senseonics Holdings Pair Trading

Senseonics Holdings Pair Trading Analysis

Additional Tools for Senseonics Stock Analysis

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