Epiroc AB (Sweden) Statistic Functions Beta

EPI-B Stock  SEK 174.60  0.40  0.23%   
Epiroc AB statistic functions tool provides the execution environment for running the Beta function and other technical functions against Epiroc AB. Epiroc 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. Epiroc 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.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Epiroc AB correlated with the market. If Beta is less than 0 Epiroc AB generally moves in the opposite direction as compared to the market. If Epiroc AB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Epiroc AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Epiroc AB is generally in the same direction as the market. If Beta > 1 Epiroc AB moves generally in the same direction as, but more than the movement of the benchmark.

Epiroc AB Technical Analysis Modules

Most technical analysis of Epiroc 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 Epiroc from various momentum indicators to cycle indicators. When you analyze Epiroc 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 Epiroc 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 Epiroc AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Epiroc AB based on widely used predictive technical indicators. In general, we focus on analyzing Epiroc Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Epiroc 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 Epiroc AB's intrinsic value. In addition to deriving basic predictive indicators for Epiroc AB, we also check how macroeconomic factors affect Epiroc AB price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
173.02174.60176.18
Details
Intrinsic
Valuation
LowRealHigh
146.95148.53192.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Epiroc AB. Your research has to be compared to or analyzed against Epiroc AB's peers to derive any actionable benefits. When done correctly, Epiroc AB'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 Epiroc AB.

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Additional Tools for Epiroc Stock Analysis

When running Epiroc AB's price analysis, check to measure Epiroc AB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Epiroc AB is operating at the current time. Most of Epiroc AB's value examination focuses on studying past and present price action to predict the probability of Epiroc AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Epiroc AB's price. Additionally, you may evaluate how the addition of Epiroc AB to your portfolios can decrease your overall portfolio volatility.