Skkynet Cloud Systems Stock Statistic Functions Beta

SKKY Stock  USD 0.71  0.01  1.43%   
Skkynet Cloud statistic functions tool provides the execution environment for running the Beta function and other technical functions against Skkynet Cloud. Skkynet Cloud 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. Skkynet Cloud 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 with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Skkynet Cloud Systems correlated with the market. If Beta is less than 0 Skkynet Cloud generally moves in the opposite direction as compared to the market. If Skkynet Cloud Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Skkynet Cloud Systems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Skkynet Cloud is generally in the same direction as the market. If Beta > 1 Skkynet Cloud moves generally in the same direction as, but more than the movement of the benchmark.

Skkynet Cloud Technical Analysis Modules

Most technical analysis of Skkynet Cloud 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 Skkynet from various momentum indicators to cycle indicators. When you analyze Skkynet 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 Skkynet Cloud 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 Skkynet Cloud Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of Skkynet Cloud Systems based on widely used predictive technical indicators. In general, we focus on analyzing Skkynet OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Skkynet Cloud'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 Skkynet Cloud's intrinsic value. In addition to deriving basic predictive indicators for Skkynet Cloud, we also check how macroeconomic factors affect Skkynet Cloud price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.040.7116.10
Details
Intrinsic
Valuation
LowRealHigh
0.030.5815.97
Details
Naive
Forecast
LowNextHigh
0.010.7116.09
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
-0.120.801.72
Details

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Additional Tools for Skkynet OTC Stock Analysis

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