Mycronic Publ (Sweden) Statistic Functions Beta

MYCR Stock  SEK 386.60  0.80  0.21%   
Mycronic Publ statistic functions tool provides the execution environment for running the Beta function and other technical functions against Mycronic Publ. Mycronic Publ 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. Mycronic Publ 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 Mycronic publ AB correlated with the market. If Beta is less than 0 Mycronic Publ generally moves in the opposite direction as compared to the market. If Mycronic Publ Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mycronic publ AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mycronic Publ is generally in the same direction as the market. If Beta > 1 Mycronic Publ moves generally in the same direction as, but more than the movement of the benchmark.

Mycronic Publ Technical Analysis Modules

Most technical analysis of Mycronic Publ 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 Mycronic from various momentum indicators to cycle indicators. When you analyze Mycronic 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 Mycronic Publ 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 Mycronic publ AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mycronic publ AB based on widely used predictive technical indicators. In general, we focus on analyzing Mycronic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mycronic Publ'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 Mycronic Publ's intrinsic value. In addition to deriving basic predictive indicators for Mycronic Publ, we also check how macroeconomic factors affect Mycronic Publ price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
384.34386.60388.86
Details
Intrinsic
Valuation
LowRealHigh
327.15329.41425.26
Details
Naive
Forecast
LowNextHigh
387.76390.02392.28
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
377.27388.44399.61
Details

Be your own money manager

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.

Generate Optimal Portfolios

Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Additional Tools for Mycronic Stock Analysis

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