Meritage Homes (Germany) Statistic Functions Beta

MEY Stock   72.00  1.00  1.37%   
Meritage Homes statistic functions tool provides the execution environment for running the Beta function and other technical functions against Meritage Homes. Meritage Homes 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. Meritage Homes 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 Meritage Homes correlated with the market. If Beta is less than 0 Meritage Homes generally moves in the opposite direction as compared to the market. If Meritage Homes Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Meritage Homes is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Meritage Homes is generally in the same direction as the market. If Beta > 1 Meritage Homes moves generally in the same direction as, but more than the movement of the benchmark.

Meritage Homes Technical Analysis Modules

Most technical analysis of Meritage Homes 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 Meritage from various momentum indicators to cycle indicators. When you analyze Meritage 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 Meritage Homes 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 Meritage Homes. We use our internally-developed statistical techniques to arrive at the intrinsic value of Meritage Homes based on widely used predictive technical indicators. In general, we focus on analyzing Meritage Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Meritage Homes'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 Meritage Homes's intrinsic value. In addition to deriving basic predictive indicators for Meritage Homes, we also check how macroeconomic factors affect Meritage Homes price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meritage Homes' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
57.1372.0086.87
Details
Intrinsic
Valuation
LowRealHigh
54.2569.1283.99
Details
Naive
Forecast
LowNextHigh
72.5187.37102.24
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.3987.70148.01
Details

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Additional Tools for Meritage Stock Analysis

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