Ultimovacs ASA (Norway) Statistic Functions Beta

ULTI Stock  NOK 2.07  0.02  0.98%   
Ultimovacs ASA statistic functions tool provides the execution environment for running the Beta function and other technical functions against Ultimovacs ASA. Ultimovacs ASA 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. Ultimovacs ASA 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 Ultimovacs ASA correlated with the market. If Beta is less than 0 Ultimovacs ASA generally moves in the opposite direction as compared to the market. If Ultimovacs ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ultimovacs ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ultimovacs ASA is generally in the same direction as the market. If Beta > 1 Ultimovacs ASA moves generally in the same direction as, but more than the movement of the benchmark.

Ultimovacs ASA Technical Analysis Modules

Most technical analysis of Ultimovacs ASA 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 Ultimovacs from various momentum indicators to cycle indicators. When you analyze Ultimovacs 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 Ultimovacs ASA 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 Ultimovacs ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ultimovacs ASA based on widely used predictive technical indicators. In general, we focus on analyzing Ultimovacs Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ultimovacs ASA'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 Ultimovacs ASA's intrinsic value. In addition to deriving basic predictive indicators for Ultimovacs ASA, we also check how macroeconomic factors affect Ultimovacs ASA price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.102.078.73
Details
Intrinsic
Valuation
LowRealHigh
0.091.748.40
Details
Naive
Forecast
LowNextHigh
0.052.268.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.511.902.30
Details

Align your values with your investing style

In addition to having Ultimovacs ASA in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.
Macroaxis Index Idea
Macroaxis Index
Invested over 90 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
Investor Favorites Idea
Investor Favorites
Invested over 40 shares
Momentum Idea
Momentum
Invested few shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Business Services Idea
Business Services
Invested over 100 shares
Cash Cows Idea
Cash Cows
Invested few shares
ESG Investing Idea
ESG Investing
Invested few shares

Other Information on Investing in Ultimovacs Stock

Ultimovacs ASA financial ratios help investors to determine whether Ultimovacs Stock 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 Ultimovacs with respect to the benefits of owning Ultimovacs ASA security.