Plumb Equity Fund Statistic Functions Beta

PLAEX Fund  USD 31.27  0.42  1.33%   
Plumb Equity statistic functions tool provides the execution environment for running the Beta function and other technical functions against Plumb Equity. Plumb Equity 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. Plumb Equity 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 Plumb Equity correlated with the market. If Beta is less than 0 Plumb Equity generally moves in the opposite direction as compared to the market. If Plumb Equity Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Plumb Equity is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Plumb Equity is generally in the same direction as the market. If Beta > 1 Plumb Equity moves generally in the same direction as, but more than the movement of the benchmark.

Plumb Equity Technical Analysis Modules

Most technical analysis of Plumb Equity 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 Plumb from various momentum indicators to cycle indicators. When you analyze Plumb 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 Plumb Equity 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 Plumb Equity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Plumb Equity based on widely used predictive technical indicators. In general, we focus on analyzing Plumb Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Plumb Equity'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 Plumb Equity's intrinsic value. In addition to deriving basic predictive indicators for Plumb Equity, we also check how macroeconomic factors affect Plumb Equity 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 Plumb Equity's 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
30.7831.6932.60
Details
Intrinsic
Valuation
LowRealHigh
30.5831.4932.40
Details
Naive
Forecast
LowNextHigh
30.2231.1332.04
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.3131.8832.45
Details

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Other Information on Investing in Plumb Mutual Fund

Plumb Equity financial ratios help investors to determine whether Plumb Mutual Fund 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 Plumb with respect to the benefits of owning Plumb Equity security.
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