Icelandair Group (Iceland) Statistic Functions Beta

ICEAIR Stock  ISK 1.30  0.03  2.36%   
Icelandair Group statistic functions tool provides the execution environment for running the Beta function and other technical functions against Icelandair Group. Icelandair 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. Icelandair 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.

The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Icelandair Group correlated with the market. If Beta is less than 0 Icelandair Group generally moves in the opposite direction as compared to the market. If Icelandair Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Icelandair Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Icelandair Group is generally in the same direction as the market. If Beta > 1 Icelandair Group moves generally in the same direction as, but more than the movement of the benchmark.

Icelandair Group Technical Analysis Modules

Most technical analysis of Icelandair 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 Icelandair from various momentum indicators to cycle indicators. When you analyze Icelandair 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 Icelandair 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 Icelandair Group hf. We use our internally-developed statistical techniques to arrive at the intrinsic value of Icelandair Group hf based on widely used predictive technical indicators. In general, we focus on analyzing Icelandair Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Icelandair 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 Icelandair Group's intrinsic value. In addition to deriving basic predictive indicators for Icelandair Group, we also check how macroeconomic factors affect Icelandair Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.071.304.08
Details
Intrinsic
Valuation
LowRealHigh
0.051.013.79
Details
Naive
Forecast
LowNextHigh
0.031.304.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.161.251.34
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 Icelandair 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, Icelandair Group's short interest history, or implied volatility extrapolated from Icelandair Group options trading.

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Other Information on Investing in Icelandair Stock

Icelandair Group financial ratios help investors to determine whether Icelandair 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 Icelandair with respect to the benefits of owning Icelandair Group security.