PRECISION DRILLING (Germany) Statistic Functions Beta

PRE1 Stock  EUR 58.50  2.50  4.10%   
PRECISION DRILLING statistic functions tool provides the execution environment for running the Beta function and other technical functions against PRECISION DRILLING. PRECISION DRILLING 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. PRECISION DRILLING 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 PRECISION DRILLING correlated with the market. If Beta is less than 0 PRECISION DRILLING generally moves in the opposite direction as compared to the market. If PRECISION DRILLING Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PRECISION DRILLING is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PRECISION DRILLING is generally in the same direction as the market. If Beta > 1 PRECISION DRILLING moves generally in the same direction as, but more than the movement of the benchmark.

PRECISION DRILLING Technical Analysis Modules

Most technical analysis of PRECISION DRILLING 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 PRECISION from various momentum indicators to cycle indicators. When you analyze PRECISION 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 PRECISION DRILLING 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 PRECISION DRILLING P. We use our internally-developed statistical techniques to arrive at the intrinsic value of PRECISION DRILLING P based on widely used predictive technical indicators. In general, we focus on analyzing PRECISION Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PRECISION DRILLING'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 PRECISION DRILLING's intrinsic value. In addition to deriving basic predictive indicators for PRECISION DRILLING, we also check how macroeconomic factors affect PRECISION DRILLING price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
56.0258.5060.98
Details
Intrinsic
Valuation
LowRealHigh
46.4548.9364.35
Details

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Other Information on Investing in PRECISION Stock

PRECISION DRILLING financial ratios help investors to determine whether PRECISION 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 PRECISION with respect to the benefits of owning PRECISION DRILLING security.