Tele2 AB (Sweden) Statistic Functions Beta

TEL2-A Stock  SEK 114.00  1.00  0.88%   
Tele2 AB statistic functions tool provides the execution environment for running the Beta function and other technical functions against Tele2 AB. Tele2 AB 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. Tele2 AB 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-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Tele2 AB correlated with the market. If Beta is less than 0 Tele2 AB generally moves in the opposite direction as compared to the market. If Tele2 AB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tele2 AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tele2 AB is generally in the same direction as the market. If Beta > 1 Tele2 AB moves generally in the same direction as, but more than the movement of the benchmark.

Tele2 AB Technical Analysis Modules

Most technical analysis of Tele2 AB 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 Tele2 from various momentum indicators to cycle indicators. When you analyze Tele2 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 Tele2 AB 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 Tele2 AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tele2 AB based on widely used predictive technical indicators. In general, we focus on analyzing Tele2 Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tele2 AB'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 Tele2 AB's intrinsic value. In addition to deriving basic predictive indicators for Tele2 AB, we also check how macroeconomic factors affect Tele2 AB price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
112.58114.00115.42
Details
Intrinsic
Valuation
LowRealHigh
93.7895.20125.40
Details
Naive
Forecast
LowNextHigh
114.55115.97117.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
109.15112.39115.63
Details

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Other Information on Investing in Tele2 Stock

Tele2 AB financial ratios help investors to determine whether Tele2 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 Tele2 with respect to the benefits of owning Tele2 AB security.