Afyon Cimento (Turkey) Statistic Functions Pearson Correlation Coefficient

AFYON Stock  TRY 14.68  0.27  1.81%   
Afyon Cimento statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Afyon Cimento. Afyon Cimento 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. Afyon Cimento 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
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The output start index for this execution was nineteen with a total number of output elements of fourty-two. 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 Afyon Cimento Sanayi and its benchmark or peer.

Afyon Cimento Technical Analysis Modules

Most technical analysis of Afyon Cimento 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 Afyon from various momentum indicators to cycle indicators. When you analyze Afyon 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 Afyon Cimento 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 Afyon Cimento Sanayi. We use our internally-developed statistical techniques to arrive at the intrinsic value of Afyon Cimento Sanayi based on widely used predictive technical indicators. In general, we focus on analyzing Afyon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Afyon Cimento'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 Afyon Cimento's intrinsic value. In addition to deriving basic predictive indicators for Afyon Cimento, we also check how macroeconomic factors affect Afyon Cimento price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
11.6814.6817.68
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Intrinsic
Valuation
LowRealHigh
9.4312.4315.43
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Other Information on Investing in Afyon Stock

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