Glaukos Corp Stock Statistic Functions Beta

GKOS Stock  USD 109.79  0.62  0.56%   
Glaukos Corp statistic functions tool provides the execution environment for running the Beta function and other technical functions against Glaukos Corp. Glaukos Corp 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. Glaukos Corp 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 with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Glaukos Corp correlated with the market. If Beta is less than 0 Glaukos Corp generally moves in the opposite direction as compared to the market. If Glaukos Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Glaukos Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Glaukos Corp is generally in the same direction as the market. If Beta > 1 Glaukos Corp moves generally in the same direction as, but more than the movement of the benchmark.

Glaukos Corp Technical Analysis Modules

Most technical analysis of Glaukos Corp 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 Glaukos from various momentum indicators to cycle indicators. When you analyze Glaukos 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 Glaukos Corp 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 Glaukos Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Glaukos Corp based on widely used predictive technical indicators. In general, we focus on analyzing Glaukos Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Glaukos Corp'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 Glaukos Corp's intrinsic value. In addition to deriving basic predictive indicators for Glaukos Corp, we also check how macroeconomic factors affect Glaukos Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover9.094.795.624.93
Days Of Inventory On Hand126.06200.23202.78144.82
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Glaukos Corp'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
98.81112.23114.29
Details
Intrinsic
Valuation
LowRealHigh
82.7184.77120.77
Details
Naive
Forecast
LowNextHigh
111.40113.45115.51
Details
14 Analysts
Consensus
LowTargetHigh
77.3585.0094.35
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Glaukos Corp. Your research has to be compared to or analyzed against Glaukos Corp's peers to derive any actionable benefits. When done correctly, Glaukos Corp's 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 Glaukos Corp.

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In addition to having Glaukos Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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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.
Baby Boomer Prospects Idea
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Invested over 40 shares
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Hedge Favorites
Invested few shares
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Banking Idea
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Adviser Favorites Idea
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Invested few shares
When determining whether Glaukos Corp is a strong investment it is important to analyze Glaukos Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Glaukos Corp's future performance. For an informed investment choice regarding Glaukos Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glaukos Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Glaukos Stock please use our How to Invest in Glaukos Corp guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Is Glaukos Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Glaukos Corp. If investors know Glaukos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Glaukos Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
18.963
Earnings Share
(2.88)
Revenue Per Share
6.681
Quarterly Revenue Growth
0.159
Return On Assets
(0.08)
The market value of Glaukos Corp is measured differently than its book value, which is the value of Glaukos that is recorded on the company's balance sheet. Investors also form their own opinion of Glaukos Corp's value that differs from its market value or its book value, called intrinsic value, which is Glaukos Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Glaukos Corp's market value can be influenced by many factors that don't directly affect Glaukos Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Glaukos Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glaukos Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glaukos Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.