3D Systems (Germany) Statistic Functions Beta
| SYV Stock | EUR 2.78 0.08 2.96% |
| Symbol |
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on 3D Systems correlated with the market. If Beta is less than 0 3D Systems generally moves in the opposite direction as compared to the market. If 3D Systems Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 3D Systems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 3D Systems is generally in the same direction as the market. If Beta > 1 3D Systems moves generally in the same direction as, but more than the movement of the benchmark.
3D Systems Technical Analysis Modules
Most technical analysis of 3D Systems 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 SYV from various momentum indicators to cycle indicators. When you analyze SYV 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About 3D Systems 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 3D Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of 3D Systems based on widely used predictive technical indicators. In general, we focus on analyzing SYV Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 3D Systems'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 3D Systems's intrinsic value. In addition to deriving basic predictive indicators for 3D Systems, we also check how macroeconomic factors affect 3D Systems price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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 Price Exposure Probability Now
Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets |
| All Next | Launch Module |
3D Systems 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 3D Systems 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 3D Systems will appreciate offsetting losses from the drop in the long position's value.3D Systems Pair Trading
3D Systems Pair Trading Analysis
The ability to find closely correlated positions to 3D Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 3D Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 3D Systems - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling 3D Systems to buy it.
The correlation of 3D Systems is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 3D Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 3D Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for 3D Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Information and Resources on Investing in SYV Stock
When determining whether 3D Systems is a strong investment it is important to analyze 3D Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3D Systems' future performance. For an informed investment choice regarding SYV Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 3D Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in SYV Stock please use our How to Invest in 3D Systems guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.