Nongwoobio (Korea) Statistic Functions Beta

054050 Stock  KRW 8,060  30.00  0.37%   
Nongwoobio statistic functions tool provides the execution environment for running the Beta function and other technical functions against Nongwoobio. Nongwoobio 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. Nongwoobio 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 nine with a total number of output elements of fifty-two. The Beta measures systematic risk based on how returns on Nongwoobio correlated with the market. If Beta is less than 0 Nongwoobio generally moves in the opposite direction as compared to the market. If Nongwoobio Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nongwoobio is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nongwoobio is generally in the same direction as the market. If Beta > 1 Nongwoobio moves generally in the same direction as, but more than the movement of the benchmark.

Nongwoobio Technical Analysis Modules

Most technical analysis of Nongwoobio 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 Nongwoobio from various momentum indicators to cycle indicators. When you analyze Nongwoobio 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 Nongwoobio 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 Nongwoobio Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nongwoobio Co based on widely used predictive technical indicators. In general, we focus on analyzing Nongwoobio Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nongwoobio'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 Nongwoobio's intrinsic value. In addition to deriving basic predictive indicators for Nongwoobio, we also check how macroeconomic factors affect Nongwoobio price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nongwoobio's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
8,0598,0608,061
Details
Intrinsic
Valuation
LowRealHigh
7,0127,0128,866
Details
Naive
Forecast
LowNextHigh
8,1818,1818,182
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7,9898,0328,075
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nongwoobio. Your research has to be compared to or analyzed against Nongwoobio's peers to derive any actionable benefits. When done correctly, Nongwoobio's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nongwoobio.

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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.

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Note that the Nongwoobio information on this page should be used as a complementary analysis to other Nongwoobio's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Nongwoobio's price analysis, check to measure Nongwoobio's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nongwoobio is operating at the current time. Most of Nongwoobio's value examination focuses on studying past and present price action to predict the probability of Nongwoobio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nongwoobio's price. Additionally, you may evaluate how the addition of Nongwoobio to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nongwoobio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nongwoobio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nongwoobio'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.