Wise Group (Sweden) Statistic Functions Beta

WISE Stock  SEK 16.40  0.30  1.86%   
Wise Group statistic functions tool provides the execution environment for running the Beta function and other technical functions against Wise Group. Wise 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. Wise 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Wise Group AB correlated with the market. If Beta is less than 0 Wise Group generally moves in the opposite direction as compared to the market. If Wise Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wise Group AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wise Group is generally in the same direction as the market. If Beta > 1 Wise Group moves generally in the same direction as, but more than the movement of the benchmark.

Wise Group Technical Analysis Modules

Most technical analysis of Wise 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 Wise from various momentum indicators to cycle indicators. When you analyze Wise 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 Wise 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 Wise Group AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wise Group AB based on widely used predictive technical indicators. In general, we focus on analyzing Wise Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wise 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 Wise Group's intrinsic value. In addition to deriving basic predictive indicators for Wise Group, we also check how macroeconomic factors affect Wise Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
13.7116.4019.09
Details
Intrinsic
Valuation
LowRealHigh
12.0914.7817.47
Details
Naive
Forecast
LowNextHigh
13.5816.2618.95
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.1316.3916.64
Details

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Additional Tools for Wise Stock Analysis

When running Wise Group's price analysis, check to measure Wise 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 Wise Group is operating at the current time. Most of Wise Group's value examination focuses on studying past and present price action to predict the probability of Wise 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 Wise Group's price. Additionally, you may evaluate how the addition of Wise Group to your portfolios can decrease your overall portfolio volatility.