NKT AS (Denmark) Statistic Functions Beta

NKT Stock  DKK 578.00  3.00  0.52%   
NKT AS statistic functions tool provides the execution environment for running the Beta function and other technical functions against NKT AS. NKT AS 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. NKT AS 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on NKT AS correlated with the market. If Beta is less than 0 NKT AS generally moves in the opposite direction as compared to the market. If NKT AS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NKT AS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NKT AS is generally in the same direction as the market. If Beta > 1 NKT AS moves generally in the same direction as, but more than the movement of the benchmark.

NKT AS Technical Analysis Modules

Most technical analysis of NKT AS 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 NKT from various momentum indicators to cycle indicators. When you analyze NKT 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 NKT AS 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 NKT AS. We use our internally-developed statistical techniques to arrive at the intrinsic value of NKT AS based on widely used predictive technical indicators. In general, we focus on analyzing NKT Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NKT AS'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 NKT AS's intrinsic value. In addition to deriving basic predictive indicators for NKT AS, we also check how macroeconomic factors affect NKT AS price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
575.90578.00580.10
Details
Intrinsic
Valuation
LowRealHigh
464.81466.91635.80
Details
Naive
Forecast
LowNextHigh
554.09556.19558.29
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
499.25553.60607.95
Details

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Other Information on Investing in NKT Stock

NKT AS financial ratios help investors to determine whether NKT 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 NKT with respect to the benefits of owning NKT AS security.