Workforce Holdings (South Africa) Statistic Functions Beta

WKF Stock   146.00  0.00  0.00%   
Workforce Holdings statistic functions tool provides the execution environment for running the Beta function and other technical functions against Workforce Holdings. Workforce Holdings 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. Workforce Holdings 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 Workforce Holdings correlated with the market. If Beta is less than 0 Workforce Holdings generally moves in the opposite direction as compared to the market. If Workforce Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Workforce Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Workforce Holdings is generally in the same direction as the market. If Beta > 1 Workforce Holdings moves generally in the same direction as, but more than the movement of the benchmark.

Workforce Holdings Technical Analysis Modules

Most technical analysis of Workforce Holdings 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 Workforce from various momentum indicators to cycle indicators. When you analyze Workforce 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 Workforce Holdings 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 Workforce Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Workforce Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Workforce Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Workforce Holdings'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 Workforce Holdings's intrinsic value. In addition to deriving basic predictive indicators for Workforce Holdings, we also check how macroeconomic factors affect Workforce Holdings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
143.65146.00148.35
Details
Intrinsic
Valuation
LowRealHigh
123.65126.00160.60
Details
Naive
Forecast
LowNextHigh
140.42142.77145.12
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
146.00146.00146.00
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Workforce Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Workforce Holdings' short interest history, or implied volatility extrapolated from Workforce Holdings options trading.

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Other Information on Investing in Workforce Stock

Workforce Holdings financial ratios help investors to determine whether Workforce 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 Workforce with respect to the benefits of owning Workforce Holdings security.