Ecora Resources Plc Stock Statistic Functions Beta

ECRAF Stock  USD 1.01  0.02  2.02%   
Ecora Resources statistic functions tool provides the execution environment for running the Beta function and other technical functions against Ecora Resources. Ecora Resources 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. Ecora Resources 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Ecora Resources PLC correlated with the market. If Beta is less than 0 Ecora Resources generally moves in the opposite direction as compared to the market. If Ecora Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ecora Resources PLC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ecora Resources is generally in the same direction as the market. If Beta > 1 Ecora Resources moves generally in the same direction as, but more than the movement of the benchmark.

Ecora Resources Technical Analysis Modules

Most technical analysis of Ecora Resources 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 Ecora from various momentum indicators to cycle indicators. When you analyze Ecora 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 Ecora Resources 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 Ecora Resources PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ecora Resources PLC based on widely used predictive technical indicators. In general, we focus on analyzing Ecora OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ecora Resources'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 Ecora Resources's intrinsic value. In addition to deriving basic predictive indicators for Ecora Resources, we also check how macroeconomic factors affect Ecora Resources price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.051.015.04
Details
Intrinsic
Valuation
LowRealHigh
0.040.864.89
Details
Naive
Forecast
LowNextHigh
0.021.085.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.810.911.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ecora Resources. Your research has to be compared to or analyzed against Ecora Resources' peers to derive any actionable benefits. When done correctly, Ecora Resources' 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 Ecora Resources PLC.
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 Ecora Resources 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, Ecora Resources' short interest history, or implied volatility extrapolated from Ecora Resources options trading.

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Other Information on Investing in Ecora OTC Stock

Ecora Resources financial ratios help investors to determine whether Ecora OTC 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 Ecora with respect to the benefits of owning Ecora Resources security.