ODFJELL DRILLLTD (Germany) Statistic Functions Beta

OD3 Stock  EUR 5.09  0.01  0.20%   
ODFJELL DRILLLTD statistic functions tool provides the execution environment for running the Beta function and other technical functions against ODFJELL DRILLLTD. ODFJELL DRILLLTD 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. ODFJELL DRILLLTD 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on ODFJELL DRILLLTD correlated with the market. If Beta is less than 0 ODFJELL DRILLLTD generally moves in the opposite direction as compared to the market. If ODFJELL DRILLLTD Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ODFJELL DRILLLTD is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ODFJELL DRILLLTD is generally in the same direction as the market. If Beta > 1 ODFJELL DRILLLTD moves generally in the same direction as, but more than the movement of the benchmark.

ODFJELL DRILLLTD Technical Analysis Modules

Most technical analysis of ODFJELL DRILLLTD 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 ODFJELL from various momentum indicators to cycle indicators. When you analyze ODFJELL 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 ODFJELL DRILLLTD 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 ODFJELL DRILLLTD DL 01. We use our internally-developed statistical techniques to arrive at the intrinsic value of ODFJELL DRILLLTD DL 01 based on widely used predictive technical indicators. In general, we focus on analyzing ODFJELL Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ODFJELL DRILLLTD'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 ODFJELL DRILLLTD's intrinsic value. In addition to deriving basic predictive indicators for ODFJELL DRILLLTD, we also check how macroeconomic factors affect ODFJELL DRILLLTD price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
2.985.097.20
Details
Intrinsic
Valuation
LowRealHigh
2.814.927.03
Details
Naive
Forecast
LowNextHigh
2.995.107.20
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.635.075.50
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 ODFJELL DRILLLTD 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, ODFJELL DRILLLTD's short interest history, or implied volatility extrapolated from ODFJELL DRILLLTD options trading.

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Other Information on Investing in ODFJELL Stock

ODFJELL DRILLLTD financial ratios help investors to determine whether ODFJELL 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 ODFJELL with respect to the benefits of owning ODFJELL DRILLLTD security.