Aba Chemicals (China) Statistic Functions Beta

300261 Stock   6.93  0.09  1.32%   
Aba Chemicals statistic functions tool provides the execution environment for running the Beta function and other technical functions against Aba Chemicals. Aba Chemicals 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. Aba Chemicals 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 with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Aba Chemicals Corp correlated with the market. If Beta is less than 0 Aba Chemicals generally moves in the opposite direction as compared to the market. If Aba Chemicals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Aba Chemicals Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Aba Chemicals is generally in the same direction as the market. If Beta > 1 Aba Chemicals moves generally in the same direction as, but more than the movement of the benchmark.

Aba Chemicals Technical Analysis Modules

Most technical analysis of Aba Chemicals 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 Aba from various momentum indicators to cycle indicators. When you analyze Aba 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 Aba Chemicals 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 Aba Chemicals Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aba Chemicals Corp based on widely used predictive technical indicators. In general, we focus on analyzing Aba Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aba Chemicals'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 Aba Chemicals's intrinsic value. In addition to deriving basic predictive indicators for Aba Chemicals, we also check how macroeconomic factors affect Aba Chemicals price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
4.576.939.29
Details
Intrinsic
Valuation
LowRealHigh
3.455.818.17
Details
Naive
Forecast
LowNextHigh
4.957.309.66
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aba Chemicals. Your research has to be compared to or analyzed against Aba Chemicals' peers to derive any actionable benefits. When done correctly, Aba Chemicals' 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 Aba Chemicals Corp.

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.

Did you try this?

Run Equity Analysis Now

   

Equity Analysis

Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
All  Next Launch Module

Trending Themes

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.
Cancer Fighters Idea
Cancer Fighters
Invested over 90 shares
Air Idea
Air
Invested over 400 shares
Macroaxis Index Idea
Macroaxis Index
Invested over 200 shares
Gold and Gold Mining Idea
Gold and Gold Mining
Invested over 20 shares
Precious Metals Idea
Precious Metals
Invested over 100 shares
Investor Favorites Idea
Investor Favorites
Invested over 300 shares
Social Domain Idea
Social Domain
Invested few shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 60 shares
Driverless Cars Idea
Driverless Cars
Invested over 60 shares

Other Information on Investing in Aba Stock

Aba Chemicals financial ratios help investors to determine whether Aba 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 Aba with respect to the benefits of owning Aba Chemicals security.