Alcon AG (Switzerland) Statistic Functions Beta

ALC Stock  CHF 79.92  0.86  1.06%   
Alcon AG statistic functions tool provides the execution environment for running the Beta function and other technical functions against Alcon AG. Alcon AG 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. Alcon AG 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 Alcon AG correlated with the market. If Beta is less than 0 Alcon AG generally moves in the opposite direction as compared to the market. If Alcon AG Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alcon AG is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alcon AG is generally in the same direction as the market. If Beta > 1 Alcon AG moves generally in the same direction as, but more than the movement of the benchmark.

Alcon AG Technical Analysis Modules

Most technical analysis of Alcon AG 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 Alcon from various momentum indicators to cycle indicators. When you analyze Alcon 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 Alcon AG 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 Alcon AG. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alcon AG based on widely used predictive technical indicators. In general, we focus on analyzing Alcon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alcon AG'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 Alcon AG's intrinsic value. In addition to deriving basic predictive indicators for Alcon AG, we also check how macroeconomic factors affect Alcon AG price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
78.6479.9281.20
Details
Intrinsic
Valuation
LowRealHigh
71.9385.6286.90
Details
Naive
Forecast
LowNextHigh
77.9879.2680.54
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
76.4980.7885.07
Details

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Additional Tools for Alcon Stock Analysis

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