Serendib Hotels (Sri Lanka) Statistic Functions Beta

SHOTN0000  LKR 20.40  0.40  2.00%   
Serendib Hotels statistic functions tool provides the execution environment for running the Beta function and other technical functions against Serendib Hotels. Serendib Hotels 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. Serendib Hotels 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.

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Serendib Hotels PLC correlated with the market. If Beta is less than 0 Serendib Hotels generally moves in the opposite direction as compared to the market. If Serendib Hotels Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Serendib Hotels PLC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Serendib Hotels is generally in the same direction as the market. If Beta > 1 Serendib Hotels moves generally in the same direction as, but more than the movement of the benchmark.

Serendib Hotels Technical Analysis Modules

Most technical analysis of Serendib Hotels 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 Serendib from various momentum indicators to cycle indicators. When you analyze Serendib 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 Serendib Hotels 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 Serendib Hotels PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Serendib Hotels PLC based on widely used predictive technical indicators. In general, we focus on analyzing Serendib Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Serendib Hotels'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 Serendib Hotels's intrinsic value. In addition to deriving basic predictive indicators for Serendib Hotels, we also check how macroeconomic factors affect Serendib Hotels price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
17.5620.0022.44
Details
Intrinsic
Valuation
LowRealHigh
17.6520.0922.53
Details
Naive
Forecast
LowNextHigh
17.2419.6822.13
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.6916.9320.17
Details

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Other Information on Investing in Serendib Stock

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