Daekyung Machinery (Korea) Statistic Functions Beta

015590 Stock   515.00  23.00  4.67%   
Daekyung Machinery statistic functions tool provides the execution environment for running the Beta function and other technical functions against Daekyung Machinery. Daekyung Machinery 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. Daekyung Machinery 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Daekyung Machinery correlated with the market. If Beta is less than 0 Daekyung Machinery generally moves in the opposite direction as compared to the market. If Daekyung Machinery Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Daekyung Machinery is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Daekyung Machinery is generally in the same direction as the market. If Beta > 1 Daekyung Machinery moves generally in the same direction as, but more than the movement of the benchmark.

Daekyung Machinery Technical Analysis Modules

Most technical analysis of Daekyung Machinery 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 Daekyung from various momentum indicators to cycle indicators. When you analyze Daekyung 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 Daekyung Machinery 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 Daekyung Machinery Engineering. We use our internally-developed statistical techniques to arrive at the intrinsic value of Daekyung Machinery Engineering based on widely used predictive technical indicators. In general, we focus on analyzing Daekyung Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Daekyung Machinery'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 Daekyung Machinery's intrinsic value. In addition to deriving basic predictive indicators for Daekyung Machinery, we also check how macroeconomic factors affect Daekyung Machinery price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
511.78515.00518.22
Details
Intrinsic
Valuation
LowRealHigh
406.49409.71566.50
Details
Naive
Forecast
LowNextHigh
463.90467.12470.34
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
363.80472.83581.87
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Daekyung Machinery. Your research has to be compared to or analyzed against Daekyung Machinery's peers to derive any actionable benefits. When done correctly, Daekyung Machinery'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 Daekyung Machinery.

Become 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.

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Other Information on Investing in Daekyung Stock

Daekyung Machinery financial ratios help investors to determine whether Daekyung 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 Daekyung with respect to the benefits of owning Daekyung Machinery security.