New Era (Taiwan) Statistic Functions Beta

4909 Stock  TWD 117.50  2.50  2.08%   
New Era statistic functions tool provides the execution environment for running the Beta function and other technical functions against New Era. New Era 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. New Era 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 New Era Electronics correlated with the market. If Beta is less than 0 New Era generally moves in the opposite direction as compared to the market. If New Era Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one New Era Electronics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of New Era is generally in the same direction as the market. If Beta > 1 New Era moves generally in the same direction as, but more than the movement of the benchmark.

New Era Technical Analysis Modules

Most technical analysis of New Era 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 New from various momentum indicators to cycle indicators. When you analyze New 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 New Era 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 New Era Electronics. We use our internally-developed statistical techniques to arrive at the intrinsic value of New Era Electronics based on widely used predictive technical indicators. In general, we focus on analyzing New Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build New Era'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 New Era's intrinsic value. In addition to deriving basic predictive indicators for New Era, we also check how macroeconomic factors affect New Era price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
113.51117.50121.49
Details
Intrinsic
Valuation
LowRealHigh
109.62113.61117.60
Details
Naive
Forecast
LowNextHigh
107.29111.29115.28
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
110.85119.42128.00
Details

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 Idea Analyzer Now

   

Idea Analyzer

Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
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.
Momentum Idea
Momentum
Invested over 40 shares
Investor Favorites Idea
Investor Favorites
Invested over 200 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested few shares
Impulse Idea
Impulse
Invested few shares
Investing Idea
Investing
Invested few shares
Technology Idea
Technology
Invested few shares
Blockchain Idea
Blockchain
Invested few shares

Additional Tools for New Stock Analysis

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