NEWMONT MNG P Statistic Functions Beta

651639AM8   107.10  1.92  1.76%   
NEWMONT statistic functions tool provides the execution environment for running the Beta function and other technical functions against NEWMONT. NEWMONT 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. NEWMONT 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on NEWMONT MNG P correlated with the market. If Beta is less than 0 NEWMONT generally moves in the opposite direction as compared to the market. If NEWMONT Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NEWMONT MNG P is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NEWMONT is generally in the same direction as the market. If Beta > 1 NEWMONT moves generally in the same direction as, but more than the movement of the benchmark.

NEWMONT Technical Analysis Modules

Most technical analysis of NEWMONT 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 NEWMONT from various momentum indicators to cycle indicators. When you analyze NEWMONT 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 NEWMONT 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 NEWMONT MNG P. We use our internally-developed statistical techniques to arrive at the intrinsic value of NEWMONT MNG P based on widely used predictive technical indicators. In general, we focus on analyzing NEWMONT Bond price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NEWMONT'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 NEWMONT's intrinsic value. In addition to deriving basic predictive indicators for NEWMONT, we also check how macroeconomic factors affect NEWMONT price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
106.10107.10108.10
Details
Intrinsic
Valuation
LowRealHigh
99.21100.21117.81
Details
Naive
Forecast
LowNextHigh
106.00107.00108.00
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
103.56107.24110.92
Details

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Other Information on Investing in NEWMONT Bond

NEWMONT financial ratios help investors to determine whether NEWMONT Bond 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 NEWMONT with respect to the benefits of owning NEWMONT security.