Clipan Finance (Indonesia) Statistic Functions Pearson Correlation Coefficient

CFIN Stock  IDR 360.00  34.00  10.43%   
Clipan Finance statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Clipan Finance. Clipan Finance 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. Clipan Finance 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 output start index for this execution was thirteen with a total number of output elements of fourty-eight. 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 Clipan Finance Indonesia and its benchmark or peer.

Clipan Finance Technical Analysis Modules

Most technical analysis of Clipan Finance 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 Clipan from various momentum indicators to cycle indicators. When you analyze Clipan 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 Clipan Finance 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 Clipan Finance Indonesia. We use our internally-developed statistical techniques to arrive at the intrinsic value of Clipan Finance Indonesia based on widely used predictive technical indicators. In general, we focus on analyzing Clipan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Clipan Finance'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 Clipan Finance's intrinsic value. In addition to deriving basic predictive indicators for Clipan Finance, we also check how macroeconomic factors affect Clipan Finance price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
358.08360.00361.92
Details
Intrinsic
Valuation
LowRealHigh
303.42305.34396.00
Details
Naive
Forecast
LowNextHigh
366.91368.83370.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
299.48324.00348.52
Details

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