Shijiazhuang Tonhe (China) Statistic Functions Beta

300491 Stock   18.28  0.96  5.54%   
Shijiazhuang Tonhe statistic functions tool provides the execution environment for running the Beta function and other technical functions against Shijiazhuang Tonhe. Shijiazhuang Tonhe 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. Shijiazhuang Tonhe 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.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Shijiazhuang Tonhe correlated with the market. If Beta is less than 0 Shijiazhuang Tonhe generally moves in the opposite direction as compared to the market. If Shijiazhuang Tonhe Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shijiazhuang Tonhe is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shijiazhuang Tonhe is generally in the same direction as the market. If Beta > 1 Shijiazhuang Tonhe moves generally in the same direction as, but more than the movement of the benchmark.

Shijiazhuang Tonhe Technical Analysis Modules

Most technical analysis of Shijiazhuang Tonhe 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 Shijiazhuang from various momentum indicators to cycle indicators. When you analyze Shijiazhuang 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 Shijiazhuang Tonhe 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 Shijiazhuang Tonhe Electronics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shijiazhuang Tonhe Electronics based on widely used predictive technical indicators. In general, we focus on analyzing Shijiazhuang Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shijiazhuang Tonhe'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 Shijiazhuang Tonhe's intrinsic value. In addition to deriving basic predictive indicators for Shijiazhuang Tonhe, we also check how macroeconomic factors affect Shijiazhuang Tonhe price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
14.3518.2822.21
Details
Intrinsic
Valuation
LowRealHigh
10.4214.3518.28
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.090.090.09
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shijiazhuang Tonhe. Your research has to be compared to or analyzed against Shijiazhuang Tonhe's peers to derive any actionable benefits. When done correctly, Shijiazhuang Tonhe'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 Shijiazhuang Tonhe.

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 Premium Stories Now

   

Premium Stories

Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
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
Hedge Favorites Idea
Hedge Favorites
Invested over 50 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
Impulse Idea
Impulse
Invested few shares
Blockchain Idea
Blockchain
Invested few shares
Electronic Equipment Idea
Electronic Equipment
Invested few shares
Investing Idea
Investing
Invested few shares

Other Information on Investing in Shijiazhuang Stock

Shijiazhuang Tonhe financial ratios help investors to determine whether Shijiazhuang 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 Shijiazhuang with respect to the benefits of owning Shijiazhuang Tonhe security.