Patterson-UTI Energy (Germany) Statistic Functions Linear Regression

PE1 Stock  EUR 8.00  0.05  0.62%   
Patterson-UTI Energy statistic functions tool provides the execution environment for running the Linear Regression function and other technical functions against Patterson-UTI Energy. Patterson-UTI Energy 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 Linear Regression function function is designed to identify and follow existing trends. Patterson-UTI Energy 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.

Execute Function
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Linear Regression model generates relationship between price series of Patterson UTI Energy and its peer or benchmark and helps predict Patterson-UTI Energy future price from its past values.

Patterson-UTI Energy Technical Analysis Modules

Most technical analysis of Patterson-UTI Energy 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 Patterson-UTI from various momentum indicators to cycle indicators. When you analyze Patterson-UTI 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 Patterson-UTI Energy 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 Patterson UTI Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Patterson UTI Energy based on widely used predictive technical indicators. In general, we focus on analyzing Patterson-UTI Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Patterson-UTI Energy'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 Patterson-UTI Energy's intrinsic value. In addition to deriving basic predictive indicators for Patterson-UTI Energy, we also check how macroeconomic factors affect Patterson-UTI Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
5.168.0010.84
Details
Intrinsic
Valuation
LowRealHigh
3.636.479.31
Details
Naive
Forecast
LowNextHigh
5.077.9110.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6.827.638.43
Details

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Additional Information and Resources on Investing in Patterson-UTI Stock

When determining whether Patterson UTI Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Patterson-UTI Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Patterson Uti Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Patterson Uti Energy Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson UTI Energy. 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 more detail on how to invest in Patterson-UTI Stock please use our How to Invest in Patterson-UTI Energy guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Please note, there is a significant difference between Patterson-UTI Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson-UTI Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson-UTI Energy'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.