Sparindex INDEX (Denmark) Statistic Functions Beta

SPISOKLA  DKK 133.95  0.45  0.34%   
Sparindex INDEX statistic functions tool provides the execution environment for running the Beta function and other technical functions against Sparindex INDEX. Sparindex INDEX 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. Sparindex INDEX 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Sparindex INDEX Stabile correlated with the market. If Beta is less than 0 Sparindex INDEX generally moves in the opposite direction as compared to the market. If Sparindex INDEX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sparindex INDEX Stabile is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sparindex INDEX is generally in the same direction as the market. If Beta > 1 Sparindex INDEX moves generally in the same direction as, but more than the movement of the benchmark.

Sparindex INDEX Technical Analysis Modules

Most technical analysis of Sparindex INDEX 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 Sparindex from various momentum indicators to cycle indicators. When you analyze Sparindex 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 Sparindex INDEX 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 Sparindex INDEX Stabile. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sparindex INDEX Stabile based on widely used predictive technical indicators. In general, we focus on analyzing Sparindex Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sparindex INDEX'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 Sparindex INDEX's intrinsic value. In addition to deriving basic predictive indicators for Sparindex INDEX, we also check how macroeconomic factors affect Sparindex INDEX 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 Sparindex INDEX'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
133.81133.95134.09
Details
Intrinsic
Valuation
LowRealHigh
130.31130.45147.35
Details
Naive
Forecast
LowNextHigh
133.64133.78133.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
133.23133.65134.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sparindex INDEX. Your research has to be compared to or analyzed against Sparindex INDEX's peers to derive any actionable benefits. When done correctly, Sparindex INDEX'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 Sparindex INDEX Stabile.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sparindex INDEX Stabile. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Sparindex Fund analysis

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