Photocure Asa Stock Statistic Functions Beta

PHCUF Stock  USD 5.60  1.12  25.00%   
Photocure ASA statistic functions tool provides the execution environment for running the Beta function and other technical functions against Photocure ASA. Photocure ASA 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. Photocure ASA 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.

Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Photocure ASA correlated with the market. If Beta is less than 0 Photocure ASA generally moves in the opposite direction as compared to the market. If Photocure ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Photocure ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Photocure ASA is generally in the same direction as the market. If Beta > 1 Photocure ASA moves generally in the same direction as, but more than the movement of the benchmark.

Photocure ASA Technical Analysis Modules

Most technical analysis of Photocure ASA 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 Photocure from various momentum indicators to cycle indicators. When you analyze Photocure 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 Photocure ASA 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 Photocure ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Photocure ASA based on widely used predictive technical indicators. In general, we focus on analyzing Photocure Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Photocure ASA'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 Photocure ASA's intrinsic value. In addition to deriving basic predictive indicators for Photocure ASA, we also check how macroeconomic factors affect Photocure ASA 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 Photocure ASA'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.
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0.000.003.97
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0.000.003.97
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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Baby Boomer Prospects Idea
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Millennials Best Idea
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Other Information on Investing in Photocure Pink Sheet

Photocure ASA financial ratios help investors to determine whether Photocure Pink Sheet 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 Photocure with respect to the benefits of owning Photocure ASA security.