MEITUAN UNSPADR2B (Germany) Statistic Functions Beta

9MDA Stock  EUR 41.60  2.20  5.02%   
MEITUAN UNSPADR2B statistic functions tool provides the execution environment for running the Beta function and other technical functions against MEITUAN UNSPADR2B. MEITUAN UNSPADR2B 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. MEITUAN UNSPADR2B 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 MEITUAN UNSPADR2B correlated with the market. If Beta is less than 0 MEITUAN UNSPADR2B generally moves in the opposite direction as compared to the market. If MEITUAN UNSPADR2B Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MEITUAN UNSPADR2B is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MEITUAN UNSPADR2B is generally in the same direction as the market. If Beta > 1 MEITUAN UNSPADR2B moves generally in the same direction as, but more than the movement of the benchmark.

MEITUAN UNSPADR2B Technical Analysis Modules

Most technical analysis of MEITUAN UNSPADR2B 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 MEITUAN from various momentum indicators to cycle indicators. When you analyze MEITUAN 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 MEITUAN UNSPADR2B 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 MEITUAN UNSPADR2B. We use our internally-developed statistical techniques to arrive at the intrinsic value of MEITUAN UNSPADR2B based on widely used predictive technical indicators. In general, we focus on analyzing MEITUAN Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MEITUAN UNSPADR2B'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 MEITUAN UNSPADR2B's intrinsic value. In addition to deriving basic predictive indicators for MEITUAN UNSPADR2B, we also check how macroeconomic factors affect MEITUAN UNSPADR2B price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
35.9941.6047.21
Details
Intrinsic
Valuation
LowRealHigh
34.7440.3545.96
Details
Naive
Forecast
LowNextHigh
36.1241.7347.33
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
36.6441.1045.56
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as MEITUAN UNSPADR2B. Your research has to be compared to or analyzed against MEITUAN UNSPADR2B's peers to derive any actionable benefits. When done correctly, MEITUAN UNSPADR2B'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 MEITUAN UNSPADR2B.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Other Information on Investing in MEITUAN Stock

MEITUAN UNSPADR2B financial ratios help investors to determine whether MEITUAN 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 MEITUAN with respect to the benefits of owning MEITUAN UNSPADR2B security.