Cofidur SA (France) Statistic Functions Beta

ALCOF Stock  EUR 326.00  2.00  0.61%   
Cofidur SA statistic functions tool provides the execution environment for running the Beta function and other technical functions against Cofidur SA. Cofidur SA 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. Cofidur SA 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 sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Cofidur SA correlated with the market. If Beta is less than 0 Cofidur SA generally moves in the opposite direction as compared to the market. If Cofidur SA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cofidur SA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cofidur SA is generally in the same direction as the market. If Beta > 1 Cofidur SA moves generally in the same direction as, but more than the movement of the benchmark.

Cofidur SA Technical Analysis Modules

Most technical analysis of Cofidur SA 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 Cofidur from various momentum indicators to cycle indicators. When you analyze Cofidur 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 Cofidur SA 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 Cofidur SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cofidur SA based on widely used predictive technical indicators. In general, we focus on analyzing Cofidur Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cofidur SA'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 Cofidur SA's intrinsic value. In addition to deriving basic predictive indicators for Cofidur SA, we also check how macroeconomic factors affect Cofidur SA price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
324.81326.00327.19
Details
Intrinsic
Valuation
LowRealHigh
310.89312.07358.60
Details
Naive
Forecast
LowNextHigh
327.19328.39329.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
321.07331.60342.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cofidur SA. Your research has to be compared to or analyzed against Cofidur SA's peers to derive any actionable benefits. When done correctly, Cofidur SA'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 Cofidur SA.

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Additional Tools for Cofidur Stock Analysis

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