Gyeongnam Steel (Korea) Statistic Functions Beta

039240 Stock  KRW 2,895  40.00  1.36%   
Gyeongnam Steel statistic functions tool provides the execution environment for running the Beta function and other technical functions against Gyeongnam Steel. Gyeongnam Steel 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. Gyeongnam Steel 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Gyeongnam Steel correlated with the market. If Beta is less than 0 Gyeongnam Steel generally moves in the opposite direction as compared to the market. If Gyeongnam Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Gyeongnam Steel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Gyeongnam Steel is generally in the same direction as the market. If Beta > 1 Gyeongnam Steel moves generally in the same direction as, but more than the movement of the benchmark.

Gyeongnam Steel Technical Analysis Modules

Most technical analysis of Gyeongnam Steel 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 Gyeongnam from various momentum indicators to cycle indicators. When you analyze Gyeongnam 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 Gyeongnam Steel 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 Gyeongnam Steel Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gyeongnam Steel Co based on widely used predictive technical indicators. In general, we focus on analyzing Gyeongnam Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gyeongnam Steel'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 Gyeongnam Steel's intrinsic value. In addition to deriving basic predictive indicators for Gyeongnam Steel, we also check how macroeconomic factors affect Gyeongnam Steel price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
2,8942,8952,896
Details
Intrinsic
Valuation
LowRealHigh
2,4322,4343,184
Details
Naive
Forecast
LowNextHigh
2,8742,8752,877
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2,6762,8713,065
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gyeongnam Steel. Your research has to be compared to or analyzed against Gyeongnam Steel's peers to derive any actionable benefits. When done correctly, Gyeongnam Steel'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 Gyeongnam Steel.

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Other Information on Investing in Gyeongnam Stock

Gyeongnam Steel financial ratios help investors to determine whether Gyeongnam 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 Gyeongnam with respect to the benefits of owning Gyeongnam Steel security.