Danish Statistic Functions Beta

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DAC -- Denmark Stock  

DKK 5.80  0.10  1.75%

Danish Aerospace statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against Danish Aerospace. Danish Aerospace 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.
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The output start index for this execution was fifteen with a total number of output elements of fourty-six. The Beta measures systematic risk based on how returns on Danish Aerospace correlated with the market. If Beta is less than 0 Danish Aerospace generally moves in the opposite direction as compared to the market. If Danish Aerospace Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Danish Aerospace is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Danish Aerospace is generally in the same direction as the market. If Beta > 1 Danish Aerospace moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

Additional Technical Research

About Danish Aerospace Predictive Technical Analysis

The Macroaxis 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 Danish Aerospace. We use our internally-developed statistical techniques to arrive at the intrinsic value of Danish Aerospace based on widely used predictive technical indicators. In general, we focus on analyzing Danish Aerospace stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Danish Aerospace'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 Danish Aerospace's intrinsic value. In addition to deriving basic predictive indicators for Danish Aerospace, we also check how macroeconomic factors affect Danish Aerospace price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.245.646.05
Details
Hype
Prediction
LowEstimated ValueHigh
1.495.8010.11
Details
Intrinsic
Valuation
LowReal ValueHigh
0.364.678.98
Details
Naive
Forecast
LowNext ValueHigh
1.736.0510.36
Details
Danish Aerospace Company AS designs, develops, and manufactures medical monitoring and exercise equipment worldwide. Danish Aerospace Company AS was founded in 1988 and is based in Odense, Denmark. Danish Aerospace is traded on Copenhagen Stock Exchange in Denmark.

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