ICD (Korea) Statistic Functions Pearson Correlation Coefficient

040910 Stock  KRW 4,960  140.00  2.75%   
ICD statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against ICD. ICD 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 Pearson Correlation Coefficient function function is designed to identify and follow existing trends. ICD 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.

Function
Time Period
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was zero with a total number of output elements of sixty-one. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of ICD Co and its benchmark or peer.

ICD Technical Analysis Modules

Most technical analysis of ICD 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 ICD from various momentum indicators to cycle indicators. When you analyze ICD 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 ICD 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 ICD Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of ICD Co based on widely used predictive technical indicators. In general, we focus on analyzing ICD Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ICD'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 ICD's intrinsic value. In addition to deriving basic predictive indicators for ICD, we also check how macroeconomic factors affect ICD price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
4,9584,9604,962
Details
Intrinsic
Valuation
LowRealHigh
4,3404,3435,456
Details
Naive
Forecast
LowNextHigh
5,1315,1345,136
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4,3324,7705,208
Details

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Other Information on Investing in ICD Stock

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