Ultrapar Participaes (Brazil) Statistic Functions Beta

UGPA3 Stock  BRL 17.09  0.95  5.27%   
Ultrapar Participaes statistic functions tool provides the execution environment for running the Beta function and other technical functions against Ultrapar Participaes. Ultrapar Participaes 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. Ultrapar Participaes 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.

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 Ultrapar Participaes correlated with the market. If Beta is less than 0 Ultrapar Participaes generally moves in the opposite direction as compared to the market. If Ultrapar Participaes Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ultrapar Participaes is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ultrapar Participaes is generally in the same direction as the market. If Beta > 1 Ultrapar Participaes moves generally in the same direction as, but more than the movement of the benchmark.

Ultrapar Participaes Technical Analysis Modules

Most technical analysis of Ultrapar Participaes 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 Ultrapar from various momentum indicators to cycle indicators. When you analyze Ultrapar 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 Ultrapar Participaes 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 Ultrapar Participaes SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ultrapar Participaes SA based on widely used predictive technical indicators. In general, we focus on analyzing Ultrapar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ultrapar Participaes'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 Ultrapar Participaes's intrinsic value. In addition to deriving basic predictive indicators for Ultrapar Participaes, we also check how macroeconomic factors affect Ultrapar Participaes price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
15.0917.0919.09
Details
Intrinsic
Valuation
LowRealHigh
16.7718.7720.77
Details
Naive
Forecast
LowNextHigh
14.6916.6918.69
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.9419.7122.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ultrapar Participaes. Your research has to be compared to or analyzed against Ultrapar Participaes' peers to derive any actionable benefits. When done correctly, Ultrapar Participaes' 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 Ultrapar Participaes.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ultrapar Participaes in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ultrapar Participaes' short interest history, or implied volatility extrapolated from Ultrapar Participaes options trading.

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Additional Tools for Ultrapar Stock Analysis

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