Webjet Limited Stock Statistic Functions Beta

WEJTY Stock  USD 2.51  0.00  0.00%   
Webjet statistic functions tool provides the execution environment for running the Beta function and other technical functions against Webjet. Webjet 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. Webjet 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 with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Webjet Limited correlated with the market. If Beta is less than 0 Webjet generally moves in the opposite direction as compared to the market. If Webjet Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Webjet Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Webjet is generally in the same direction as the market. If Beta > 1 Webjet moves generally in the same direction as, but more than the movement of the benchmark.

Webjet Technical Analysis Modules

Most technical analysis of Webjet 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 Webjet from various momentum indicators to cycle indicators. When you analyze Webjet 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 Webjet 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 Webjet Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Webjet Limited based on widely used predictive technical indicators. In general, we focus on analyzing Webjet Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Webjet'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 Webjet's intrinsic value. In addition to deriving basic predictive indicators for Webjet, we also check how macroeconomic factors affect Webjet price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Webjet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.132.515.84
Details
Intrinsic
Valuation
LowRealHigh
0.122.495.82
Details
Naive
Forecast
LowNextHigh
0.052.525.85
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.512.512.51
Details

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Additional Tools for Webjet Pink Sheet Analysis

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