VIMAB Group (Sweden) Statistic Functions Beta

VIMAB Stock   7.50  0.25  3.23%   
VIMAB Group statistic functions tool provides the execution environment for running the Beta function and other technical functions against VIMAB Group. VIMAB Group 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. VIMAB Group 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on VIMAB Group AB correlated with the market. If Beta is less than 0 VIMAB Group generally moves in the opposite direction as compared to the market. If VIMAB Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one VIMAB Group AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of VIMAB Group is generally in the same direction as the market. If Beta > 1 VIMAB Group moves generally in the same direction as, but more than the movement of the benchmark.

VIMAB Group Technical Analysis Modules

Most technical analysis of VIMAB Group 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 VIMAB from various momentum indicators to cycle indicators. When you analyze VIMAB 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 VIMAB Group 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 VIMAB Group AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of VIMAB Group AB based on widely used predictive technical indicators. In general, we focus on analyzing VIMAB Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build VIMAB Group'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 VIMAB Group's intrinsic value. In addition to deriving basic predictive indicators for VIMAB Group, we also check how macroeconomic factors affect VIMAB Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.387.5023.17
Details
Intrinsic
Valuation
LowRealHigh
0.367.2022.87
Details
Naive
Forecast
LowNextHigh
0.178.2723.94
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.357.587.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as VIMAB Group. Your research has to be compared to or analyzed against VIMAB Group's peers to derive any actionable benefits. When done correctly, VIMAB Group'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 VIMAB Group AB.

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Additional Tools for VIMAB Stock Analysis

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