Altia Oyj (Germany) Statistic Functions Beta
| 28Q Stock | EUR 2.60 0.01 0.38% |
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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 Altia Oyj correlated with the market. If Beta is less than 0 Altia Oyj generally moves in the opposite direction as compared to the market. If Altia Oyj Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altia Oyj is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altia Oyj is generally in the same direction as the market. If Beta > 1 Altia Oyj moves generally in the same direction as, but more than the movement of the benchmark.
Altia Oyj Technical Analysis Modules
Most technical analysis of Altia Oyj 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 Altia from various momentum indicators to cycle indicators. When you analyze Altia 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.| Cycle Indicators | ||
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About Altia Oyj 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 Altia Oyj. We use our internally-developed statistical techniques to arrive at the intrinsic value of Altia Oyj based on widely used predictive technical indicators. In general, we focus on analyzing Altia Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Altia Oyj'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 Altia Oyj's intrinsic value. In addition to deriving basic predictive indicators for Altia Oyj, we also check how macroeconomic factors affect Altia Oyj price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Other Information on Investing in Altia Stock
Altia Oyj financial ratios help investors to determine whether Altia 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 Altia with respect to the benefits of owning Altia Oyj security.