Enel SpA (Germany) Statistic Functions Beta

ENLA Stock  EUR 6.70  0.05  0.75%   
Enel SpA statistic functions tool provides the execution environment for running the Beta function and other technical functions against Enel SpA. Enel SpA 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. Enel SpA 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 Enel SpA correlated with the market. If Beta is less than 0 Enel SpA generally moves in the opposite direction as compared to the market. If Enel SpA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Enel SpA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Enel SpA is generally in the same direction as the market. If Beta > 1 Enel SpA moves generally in the same direction as, but more than the movement of the benchmark.

Enel SpA Technical Analysis Modules

Most technical analysis of Enel SpA 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 Enel from various momentum indicators to cycle indicators. When you analyze Enel 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 Enel SpA 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 Enel SpA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Enel SpA based on widely used predictive technical indicators. In general, we focus on analyzing Enel Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Enel SpA'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 Enel SpA's intrinsic value. In addition to deriving basic predictive indicators for Enel SpA, we also check how macroeconomic factors affect Enel SpA price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
5.016.708.39
Details
Intrinsic
Valuation
LowRealHigh
3.945.637.32
Details
Naive
Forecast
LowNextHigh
5.136.828.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.576.686.79
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Enel SpA. Your research has to be compared to or analyzed against Enel SpA's peers to derive any actionable benefits. When done correctly, Enel SpA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Enel SpA.
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 Enel SpA 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, Enel SpA's short interest history, or implied volatility extrapolated from Enel SpA options trading.

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Other Information on Investing in Enel Stock

Enel SpA financial ratios help investors to determine whether Enel 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 Enel with respect to the benefits of owning Enel SpA security.