EDP Renovveis (Germany) Statistic Functions Time Series Forecast

EDW Stock  EUR 9.54  0.16  1.65%   
EDP Renovveis statistic functions tool provides the execution environment for running the Time Series Forecast function and other technical functions against EDP Renovveis. EDP Renovveis 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 Time Series Forecast function function is designed to identify and follow existing trends. EDP Renovveis 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.

Execute Function
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Time Series Forecast uses simple linear regression to derive EDP Renovveis SA best fit line over a given time period and plot it forward over user-defined time period.

EDP Renovveis Technical Analysis Modules

Most technical analysis of EDP Renovveis 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 EDP from various momentum indicators to cycle indicators. When you analyze EDP 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 EDP Renovveis 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 EDP Renovveis SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of EDP Renovveis SA based on widely used predictive technical indicators. In general, we focus on analyzing EDP Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EDP Renovveis'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 EDP Renovveis's intrinsic value. In addition to deriving basic predictive indicators for EDP Renovveis, we also check how macroeconomic factors affect EDP Renovveis price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
7.169.5411.92
Details
Intrinsic
Valuation
LowRealHigh
6.929.3011.68
Details
Naive
Forecast
LowNextHigh
6.618.9911.37
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.3210.3511.37
Details

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Other Information on Investing in EDP Stock

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