Lenovo Group Ltd Stock Statistic Functions Beta

LNVGY Stock  USD 20.80  0.13  0.62%   
Lenovo Group statistic functions tool provides the execution environment for running the Beta function and other technical functions against Lenovo Group. Lenovo Group 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. Lenovo 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.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Lenovo Group correlated with the market. If Beta is less than 0 Lenovo Group generally moves in the opposite direction as compared to the market. If Lenovo Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lenovo Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lenovo Group is generally in the same direction as the market. If Beta > 1 Lenovo Group moves generally in the same direction as, but more than the movement of the benchmark.

Lenovo Group Technical Analysis Modules

Most technical analysis of Lenovo Group 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 Lenovo from various momentum indicators to cycle indicators. When you analyze Lenovo 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 Lenovo Group 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 Lenovo Group Ltd. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lenovo Group Ltd based on widely used predictive technical indicators. In general, we focus on analyzing Lenovo Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lenovo 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 Lenovo Group's intrinsic value. In addition to deriving basic predictive indicators for Lenovo Group, we also check how macroeconomic factors affect Lenovo Group 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 Lenovo Group'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
18.1420.9323.72
Details
Intrinsic
Valuation
LowRealHigh
19.2722.0624.85
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Lenovo Group. Your research has to be compared to or analyzed against Lenovo Group's peers to derive any actionable benefits. When done correctly, Lenovo Group'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 Lenovo Group.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lenovo Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lenovo Group's short interest history, or implied volatility extrapolated from Lenovo Group options trading.

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.
Adviser Favorites Idea
Adviser Favorites
Invested a lot of shares
Chemicals Idea
Chemicals
Invested over 40 shares
Banking Idea
Banking
Invested over 50 shares
Momentum Idea
Momentum
Invested few shares
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lenovo Group Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Lenovo Group information on this page should be used as a complementary analysis to other Lenovo Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Lenovo Pink Sheet analysis

When running Lenovo Group's price analysis, check to measure Lenovo Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lenovo Group is operating at the current time. Most of Lenovo Group's value examination focuses on studying past and present price action to predict the probability of Lenovo Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lenovo Group's price. Additionally, you may evaluate how the addition of Lenovo Group to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Lenovo Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lenovo Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lenovo Group'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.