Gildan Activewear (Germany) Statistic Functions Beta

VGA Stock  EUR 42.60  0.20  0.47%   
Gildan Activewear statistic functions tool provides the execution environment for running the Beta function and other technical functions against Gildan Activewear. Gildan Activewear 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. Gildan Activewear 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 output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Gildan Activewear correlated with the market. If Beta is less than 0 Gildan Activewear generally moves in the opposite direction as compared to the market. If Gildan Activewear Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Gildan Activewear is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Gildan Activewear is generally in the same direction as the market. If Beta > 1 Gildan Activewear moves generally in the same direction as, but more than the movement of the benchmark.

Gildan Activewear Technical Analysis Modules

Most technical analysis of Gildan Activewear 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 Gildan from various momentum indicators to cycle indicators. When you analyze Gildan 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 Gildan Activewear 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 Gildan Activewear. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gildan Activewear based on widely used predictive technical indicators. In general, we focus on analyzing Gildan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gildan Activewear'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 Gildan Activewear's intrinsic value. In addition to deriving basic predictive indicators for Gildan Activewear, we also check how macroeconomic factors affect Gildan Activewear price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
41.2642.8044.34
Details
Intrinsic
Valuation
LowRealHigh
36.2137.7547.08
Details
Naive
Forecast
LowNextHigh
37.7039.2440.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
40.8447.6554.46
Details

Be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Generate Optimal Portfolios

Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Additional Information and Resources on Investing in Gildan Stock

When determining whether Gildan Activewear is a strong investment it is important to analyze Gildan Activewear's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gildan Activewear's future performance. For an informed investment choice regarding Gildan Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Gildan Activewear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Gildan Stock please use our How to Invest in Gildan Activewear guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Please note, there is a significant difference between Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.