Oberweis Micro Cap Fund Statistic Functions Linear Regression

OBMCX Fund  USD 48.64  0.03  0.06%   
Oberweis Micro statistic functions tool provides the execution environment for running the Linear Regression function and other technical functions against Oberweis Micro. Oberweis Micro 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. Oberweis Micro 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 one with a total number of output elements of sixty. The Linear Regression model generates relationship between price series of Oberweis Micro Cap and its peer or benchmark and helps predict Oberweis Micro future price from its past values.

Oberweis Micro Technical Analysis Modules

Most technical analysis of Oberweis Micro 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 Oberweis from various momentum indicators to cycle indicators. When you analyze Oberweis 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 Oberweis Micro 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 Oberweis Micro Cap Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oberweis Micro Cap Fund based on widely used predictive technical indicators. In general, we focus on analyzing Oberweis Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Oberweis Micro'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 Oberweis Micro's intrinsic value. In addition to deriving basic predictive indicators for Oberweis Micro, we also check how macroeconomic factors affect Oberweis Micro 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 Oberweis Micro'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
47.3648.5549.74
Details
Intrinsic
Valuation
LowRealHigh
45.6546.8453.47
Details
Naive
Forecast
LowNextHigh
48.9550.1351.32
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
48.5948.6248.66
Details

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Other Information on Investing in Oberweis Mutual Fund

Oberweis Micro financial ratios help investors to determine whether Oberweis Mutual Fund 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 Oberweis with respect to the benefits of owning Oberweis Micro security.
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