Union Plastic (Thailand) Statistic Functions Beta

UP Stock  THB 17.00  0.10  0.58%   
Union Plastic statistic functions tool provides the execution environment for running the Beta function and other technical functions against Union Plastic. Union Plastic 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. Union Plastic 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 Union Plastic Public correlated with the market. If Beta is less than 0 Union Plastic generally moves in the opposite direction as compared to the market. If Union Plastic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Union Plastic Public is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Union Plastic is generally in the same direction as the market. If Beta > 1 Union Plastic moves generally in the same direction as, but more than the movement of the benchmark.

Union Plastic Technical Analysis Modules

Most technical analysis of Union Plastic 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 Union from various momentum indicators to cycle indicators. When you analyze Union 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 Union Plastic 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 Union Plastic Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Union Plastic Public based on widely used predictive technical indicators. In general, we focus on analyzing Union Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Union Plastic'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 Union Plastic's intrinsic value. In addition to deriving basic predictive indicators for Union Plastic, we also check how macroeconomic factors affect Union Plastic price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.8617.101,727
Details
Intrinsic
Valuation
LowRealHigh
0.6613.101,723
Details
Naive
Forecast
LowNextHigh
0.3517.55145.41
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.6617.2917.92
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Union Plastic. Your research has to be compared to or analyzed against Union Plastic's peers to derive any actionable benefits. When done correctly, Union Plastic'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 Union Plastic Public.

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Other Information on Investing in Union Stock

Union Plastic financial ratios help investors to determine whether Union 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 Union with respect to the benefits of owning Union Plastic security.