Eurobank Ergasias (Greece) Statistic Functions Beta

EUROB Stock  EUR 2.04  0.04  2.00%   
Eurobank Ergasias statistic functions tool provides the execution environment for running the Beta function and other technical functions against Eurobank Ergasias. Eurobank Ergasias 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. Eurobank Ergasias 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Eurobank Ergasias correlated with the market. If Beta is less than 0 Eurobank Ergasias generally moves in the opposite direction as compared to the market. If Eurobank Ergasias Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eurobank Ergasias is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eurobank Ergasias is generally in the same direction as the market. If Beta > 1 Eurobank Ergasias moves generally in the same direction as, but more than the movement of the benchmark.

Eurobank Ergasias Technical Analysis Modules

Most technical analysis of Eurobank Ergasias 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 Eurobank from various momentum indicators to cycle indicators. When you analyze Eurobank 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 Eurobank Ergasias 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 Eurobank Ergasias Services. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eurobank Ergasias Services based on widely used predictive technical indicators. In general, we focus on analyzing Eurobank Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eurobank Ergasias'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 Eurobank Ergasias's intrinsic value. In addition to deriving basic predictive indicators for Eurobank Ergasias, we also check how macroeconomic factors affect Eurobank Ergasias price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.612.043.47
Details
Intrinsic
Valuation
LowRealHigh
0.592.023.45
Details
Naive
Forecast
LowNextHigh
0.582.013.44
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.042.042.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eurobank Ergasias. Your research has to be compared to or analyzed against Eurobank Ergasias' peers to derive any actionable benefits. When done correctly, Eurobank Ergasias' 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 Eurobank Ergasias.

Become 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.

Did you try this?

Run Global Correlations Now

   

Global Correlations

Find global opportunities by holding instruments from different markets
All  Next Launch Module

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Entertainment Idea
Entertainment
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
SRI Sustainable Growth Idea
SRI Sustainable Growth
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested few shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 50 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 30 shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Investor Favorites Idea
Investor Favorites
Invested over 60 shares
Momentum Idea
Momentum
Invested few shares

Other Information on Investing in Eurobank Stock

Eurobank Ergasias financial ratios help investors to determine whether Eurobank 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 Eurobank with respect to the benefits of owning Eurobank Ergasias security.