EAGLE MATERIALS (Germany) Statistic Functions Beta

E5M Stock  EUR 198.00  4.00  1.98%   
EAGLE MATERIALS statistic functions tool provides the execution environment for running the Beta function and other technical functions against EAGLE MATERIALS. EAGLE MATERIALS 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. EAGLE MATERIALS 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on EAGLE MATERIALS correlated with the market. If Beta is less than 0 EAGLE MATERIALS generally moves in the opposite direction as compared to the market. If EAGLE MATERIALS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one EAGLE MATERIALS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of EAGLE MATERIALS is generally in the same direction as the market. If Beta > 1 EAGLE MATERIALS moves generally in the same direction as, but more than the movement of the benchmark.

EAGLE MATERIALS Technical Analysis Modules

Most technical analysis of EAGLE MATERIALS 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 EAGLE from various momentum indicators to cycle indicators. When you analyze EAGLE 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 EAGLE MATERIALS 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 EAGLE MATERIALS. We use our internally-developed statistical techniques to arrive at the intrinsic value of EAGLE MATERIALS based on widely used predictive technical indicators. In general, we focus on analyzing EAGLE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EAGLE MATERIALS'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 EAGLE MATERIALS's intrinsic value. In addition to deriving basic predictive indicators for EAGLE MATERIALS, we also check how macroeconomic factors affect EAGLE MATERIALS price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
199.79202.00204.21
Details
Intrinsic
Valuation
LowRealHigh
167.47169.68222.20
Details
Naive
Forecast
LowNextHigh
206.51208.72210.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
184.28202.67221.06
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 EAGLE MATERIALS 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, EAGLE MATERIALS's short interest history, or implied volatility extrapolated from EAGLE MATERIALS 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.
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Impulse Idea
Impulse
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Driverless Cars Idea
Driverless Cars
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Adviser Favorites Idea
Adviser Favorites
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Power Assets Idea
Power Assets
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Momentum Idea
Momentum
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Hedge Favorites Idea
Hedge Favorites
Invested over 60 shares
Chemicals Idea
Chemicals
Invested over 30 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
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Blockchain Idea
Blockchain
Invested few shares

Additional Information and Resources on Investing in EAGLE Stock

When determining whether EAGLE MATERIALS is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if EAGLE Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eagle Materials Stock. Highlighted below are key reports to facilitate an investment decision about Eagle Materials Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EAGLE MATERIALS. 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.
For information on how to trade EAGLE Stock refer to our How to Trade EAGLE Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Please note, there is a significant difference between EAGLE MATERIALS's value and its price as these two are different measures arrived at by different means. Investors typically determine if EAGLE MATERIALS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EAGLE MATERIALS'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.