GomSpace Group (Sweden) Statistic Functions Beta

GOMX Stock  SEK 4.57  0.12  2.70%   
GomSpace Group statistic functions tool provides the execution environment for running the Beta function and other technical functions against GomSpace Group. GomSpace Group 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. GomSpace Group 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 GomSpace Group AB correlated with the market. If Beta is less than 0 GomSpace Group generally moves in the opposite direction as compared to the market. If GomSpace Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one GomSpace Group AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of GomSpace Group is generally in the same direction as the market. If Beta > 1 GomSpace Group moves generally in the same direction as, but more than the movement of the benchmark.

GomSpace Group Technical Analysis Modules

Most technical analysis of GomSpace Group 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 GomSpace from various momentum indicators to cycle indicators. When you analyze GomSpace 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 GomSpace Group 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 GomSpace Group AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of GomSpace Group AB based on widely used predictive technical indicators. In general, we focus on analyzing GomSpace Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build GomSpace Group'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 GomSpace Group's intrinsic value. In addition to deriving basic predictive indicators for GomSpace Group, we also check how macroeconomic factors affect GomSpace Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
1.574.577.57
Details
Intrinsic
Valuation
LowRealHigh
0.803.806.80
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 GomSpace Group 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, GomSpace Group's short interest history, or implied volatility extrapolated from GomSpace Group options trading.

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Additional Tools for GomSpace Stock Analysis

When running GomSpace Group's price analysis, check to measure GomSpace Group'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 GomSpace Group is operating at the current time. Most of GomSpace Group's value examination focuses on studying past and present price action to predict the probability of GomSpace Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GomSpace Group's price. Additionally, you may evaluate how the addition of GomSpace Group to your portfolios can decrease your overall portfolio volatility.