Leggett Platt (Germany) Statistic Functions Beta

LP1 Stock  EUR 10.86  0.01  0.09%   
Leggett Platt statistic functions tool provides the execution environment for running the Beta function and other technical functions against Leggett Platt. Leggett Platt 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. Leggett Platt 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Leggett Platt correlated with the market. If Beta is less than 0 Leggett Platt generally moves in the opposite direction as compared to the market. If Leggett Platt Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Leggett Platt is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Leggett Platt is generally in the same direction as the market. If Beta > 1 Leggett Platt moves generally in the same direction as, but more than the movement of the benchmark.

Leggett Platt Technical Analysis Modules

Most technical analysis of Leggett Platt 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 Leggett from various momentum indicators to cycle indicators. When you analyze Leggett 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 Leggett Platt 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 Leggett Platt Incorporated. We use our internally-developed statistical techniques to arrive at the intrinsic value of Leggett Platt Incorporated based on widely used predictive technical indicators. In general, we focus on analyzing Leggett Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Leggett Platt'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 Leggett Platt's intrinsic value. In addition to deriving basic predictive indicators for Leggett Platt, we also check how macroeconomic factors affect Leggett Platt price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
7.7510.8613.97
Details
Intrinsic
Valuation
LowRealHigh
5.698.8011.91
Details
Naive
Forecast
LowNextHigh
7.1610.2713.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.5411.2211.91
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Leggett Platt in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Leggett Platt's short interest history, or implied volatility extrapolated from Leggett Platt options trading.

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.
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Additional Information and Resources on Investing in Leggett Stock

When determining whether Leggett Platt is a strong investment it is important to analyze Leggett Platt's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Leggett Platt's future performance. For an informed investment choice regarding Leggett Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Leggett Platt Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Please note, there is a significant difference between Leggett Platt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Leggett Platt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leggett Platt's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.