Pick N (South Africa) Statistic Functions Beta

PIK Stock   3,101  57.00  1.87%   
Pick N statistic functions tool provides the execution environment for running the Beta function and other technical functions against Pick N. Pick N 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. Pick N 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 thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Pick N Pay correlated with the market. If Beta is less than 0 Pick N generally moves in the opposite direction as compared to the market. If Pick N Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Pick N Pay is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Pick N is generally in the same direction as the market. If Beta > 1 Pick N moves generally in the same direction as, but more than the movement of the benchmark.

Pick N Technical Analysis Modules

Most technical analysis of Pick N 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 Pick from various momentum indicators to cycle indicators. When you analyze Pick 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 Pick N 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 Pick N Pay. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pick N Pay based on widely used predictive technical indicators. In general, we focus on analyzing Pick Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pick N'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 Pick N's intrinsic value. In addition to deriving basic predictive indicators for Pick N, we also check how macroeconomic factors affect Pick N price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
3,0993,1013,103
Details
Intrinsic
Valuation
LowRealHigh
2,9492,9513,411
Details

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Other Information on Investing in Pick Stock

Pick N financial ratios help investors to determine whether Pick 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 Pick with respect to the benefits of owning Pick N security.