Meg Energy Corp Stock Statistic Functions Linear Regression

MEG Stock  CAD 26.15  0.45  1.69%   
MEG Energy statistic functions tool provides the execution environment for running the Linear Regression function and other technical functions against MEG Energy. MEG Energy 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 Linear Regression function function is designed to identify and follow existing trends. MEG Energy 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.

Execute Function
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Linear Regression model generates relationship between price series of MEG Energy Corp and its peer or benchmark and helps predict MEG Energy future price from its past values.

MEG Energy Technical Analysis Modules

Most technical analysis of MEG Energy 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 MEG from various momentum indicators to cycle indicators. When you analyze MEG 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 MEG Energy 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 MEG Energy Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of MEG Energy Corp based on widely used predictive technical indicators. In general, we focus on analyzing MEG Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MEG Energy'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 MEG Energy's intrinsic value. In addition to deriving basic predictive indicators for MEG Energy, we also check how macroeconomic factors affect MEG Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2024 2025 (projected)
PTB Ratio1.41.26
Dividend Yield0.0038140.00339
Hype
Prediction
LowEstimatedHigh
23.4826.2228.96
Details
Intrinsic
Valuation
LowRealHigh
23.5429.7532.49
Details
Naive
Forecast
LowNextHigh
23.4526.1928.92
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.530.580.63
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 MEG Energy 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, MEG Energy's short interest history, or implied volatility extrapolated from MEG Energy options trading.

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Other Information on Investing in MEG Stock

MEG Energy financial ratios help investors to determine whether MEG 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 MEG with respect to the benefits of owning MEG Energy security.