Myck Etf Statistic Functions Beta

MYCK Etf   24.12  0.08  0.33%   
MYCK statistic functions tool provides the execution environment for running the Beta function and other technical functions against MYCK. MYCK 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. MYCK 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 MYCK correlated with the market. If Beta is less than 0 MYCK generally moves in the opposite direction as compared to the market. If MYCK Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MYCK is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MYCK is generally in the same direction as the market. If Beta > 1 MYCK moves generally in the same direction as, but more than the movement of the benchmark.

MYCK Technical Analysis Modules

Most technical analysis of MYCK 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 MYCK from various momentum indicators to cycle indicators. When you analyze MYCK 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 MYCK 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 MYCK. We use our internally-developed statistical techniques to arrive at the intrinsic value of MYCK based on widely used predictive technical indicators. In general, we focus on analyzing MYCK Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MYCK'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 MYCK's intrinsic value. In addition to deriving basic predictive indicators for MYCK, we also check how macroeconomic factors affect MYCK price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MYCK's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
23.8024.1224.44
Details
Intrinsic
Valuation
LowRealHigh
23.8724.1924.51
Details

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When determining whether MYCK is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MYCK Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Myck Etf. Highlighted below are key reports to facilitate an investment decision about Myck Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MYCK. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of MYCK is measured differently than its book value, which is the value of MYCK that is recorded on the company's balance sheet. Investors also form their own opinion of MYCK's value that differs from its market value or its book value, called intrinsic value, which is MYCK's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MYCK's market value can be influenced by many factors that don't directly affect MYCK's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MYCK's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYCK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYCK'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.