Daejung Chemicals (Korea) Statistic Functions Pearson Correlation Coefficient

120240 Stock  KRW 12,610  190.00  1.48%   
Daejung Chemicals statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Daejung Chemicals. Daejung Chemicals 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. Daejung Chemicals 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 Daejung Chemicals Metals and its benchmark or peer.

Daejung Chemicals Technical Analysis Modules

Most technical analysis of Daejung Chemicals 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 Daejung from various momentum indicators to cycle indicators. When you analyze Daejung 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 Daejung Chemicals 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 Daejung Chemicals Metals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Daejung Chemicals Metals based on widely used predictive technical indicators. In general, we focus on analyzing Daejung Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Daejung Chemicals'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 Daejung Chemicals's intrinsic value. In addition to deriving basic predictive indicators for Daejung Chemicals, we also check how macroeconomic factors affect Daejung Chemicals price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
12,60912,61012,611
Details
Intrinsic
Valuation
LowRealHigh
11,78911,79013,871
Details
Naive
Forecast
LowNextHigh
12,41012,41112,413
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12,47412,80013,126
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Daejung Chemicals. Your research has to be compared to or analyzed against Daejung Chemicals' peers to derive any actionable benefits. When done correctly, Daejung Chemicals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Daejung Chemicals Metals.

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Other Information on Investing in Daejung Stock

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