Wangneng Environment (China) Statistic Functions Beta

002034 Stock   15.66  0.30  1.88%   
Wangneng Environment statistic functions tool provides the execution environment for running the Beta function and other technical functions against Wangneng Environment. Wangneng Environment 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. Wangneng Environment 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Wangneng Environment correlated with the market. If Beta is less than 0 Wangneng Environment generally moves in the opposite direction as compared to the market. If Wangneng Environment Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Wangneng Environment is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Wangneng Environment is generally in the same direction as the market. If Beta > 1 Wangneng Environment moves generally in the same direction as, but more than the movement of the benchmark.

Wangneng Environment Technical Analysis Modules

Most technical analysis of Wangneng Environment 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 Wangneng from various momentum indicators to cycle indicators. When you analyze Wangneng 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 Wangneng Environment 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 Wangneng Environment Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wangneng Environment Co based on widely used predictive technical indicators. In general, we focus on analyzing Wangneng Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wangneng Environment'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 Wangneng Environment's intrinsic value. In addition to deriving basic predictive indicators for Wangneng Environment, we also check how macroeconomic factors affect Wangneng Environment price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
13.5515.7717.99
Details
Intrinsic
Valuation
LowRealHigh
10.4712.6917.23
Details
Naive
Forecast
LowNextHigh
13.5115.7317.95
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.430.450.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wangneng Environment. Your research has to be compared to or analyzed against Wangneng Environment's peers to derive any actionable benefits. When done correctly, Wangneng Environment'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 Wangneng Environment.

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Other Information on Investing in Wangneng Stock

Wangneng Environment financial ratios help investors to determine whether Wangneng Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wangneng with respect to the benefits of owning Wangneng Environment security.