Zumtobel Group Ag Stock Statistic Functions Beta

ZMTBY Stock  USD 3.27  0.00  0.00%   
Zumtobel Group statistic functions tool provides the execution environment for running the Beta function and other technical functions against Zumtobel Group. Zumtobel Group 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. Zumtobel Group 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 fifteen with a total number of output elements of fourty-six. The Beta measures systematic risk based on how returns on Zumtobel Group AG correlated with the market. If Beta is less than 0 Zumtobel Group generally moves in the opposite direction as compared to the market. If Zumtobel Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zumtobel Group AG is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zumtobel Group is generally in the same direction as the market. If Beta > 1 Zumtobel Group moves generally in the same direction as, but more than the movement of the benchmark.

Zumtobel Group Technical Analysis Modules

Most technical analysis of Zumtobel Group 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 Zumtobel from various momentum indicators to cycle indicators. When you analyze Zumtobel 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 Zumtobel Group 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 Zumtobel Group AG. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zumtobel Group AG based on widely used predictive technical indicators. In general, we focus on analyzing Zumtobel OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zumtobel Group'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 Zumtobel Group's intrinsic value. In addition to deriving basic predictive indicators for Zumtobel Group, we also check how macroeconomic factors affect Zumtobel Group 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 Zumtobel Group'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
2.693.273.85
Details
Intrinsic
Valuation
LowRealHigh
2.623.203.78
Details
Naive
Forecast
LowNextHigh
2.663.243.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.263.273.28
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zumtobel Group. Your research has to be compared to or analyzed against Zumtobel Group's peers to derive any actionable benefits. When done correctly, Zumtobel Group'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 Zumtobel Group AG.

Align your values with your investing style

In addition to having Zumtobel Group in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zumtobel Group AG. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Zumtobel Group AG information on this page should be used as a complementary analysis to other Zumtobel Group'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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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