FLUGGER Statistic Functions Beta

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FLUG-B -- Denmark Stock  

DKK 330.00  2.00  0.61%

FLUGGER GROUP statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against FLUGGER GROUP. FLUGGER GROUP 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on FLUGGER GROUP AS correlated with the market. If Beta is less than 0 FLUGGER GROUP generally moves in the opposite direction as compared to the market. If FLUGGER GROUP Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FLUGGER GROUP AS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FLUGGER GROUP is generally in the same direction as the market. If Beta > 1 FLUGGER GROUP 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 FLUGGER GROUP 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 FLUGGER GROUP AS. We use our internally-developed statistical techniques to arrive at the intrinsic value of FLUGGER GROUP AS based on widely used predictive technical indicators. In general, we focus on analyzing FLUGGER GROUP stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FLUGGER GROUP'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 FLUGGER GROUP's intrinsic value. In addition to deriving basic predictive indicators for FLUGGER GROUP, we also check how macroeconomic factors affect FLUGGER GROUP price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimated ValueHigh
326.38330.00333.62
Details
Intrinsic
Valuation
LowReal ValueHigh
297.08300.70363.00
Details
Flgger group AS engages in the design, manufacture, and marketing of decorative paints, wood protection products, spackling pastes, and tools. Flgger group AS was founded in 1783 and is headquartered in Rdovre, Denmark. FLUGGER GROUP is traded on Copenhagen Stock Exchange in Denmark.

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