BLUESCOPE STEEL (Germany) Statistic Functions Beta

BH5 Stock   13.50  0.10  0.75%   
BLUESCOPE STEEL statistic functions tool provides the execution environment for running the Beta function and other technical functions against BLUESCOPE STEEL. BLUESCOPE STEEL 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. BLUESCOPE STEEL 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 BLUESCOPE STEEL correlated with the market. If Beta is less than 0 BLUESCOPE STEEL generally moves in the opposite direction as compared to the market. If BLUESCOPE STEEL Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BLUESCOPE STEEL is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BLUESCOPE STEEL is generally in the same direction as the market. If Beta > 1 BLUESCOPE STEEL moves generally in the same direction as, but more than the movement of the benchmark.

BLUESCOPE STEEL Technical Analysis Modules

Most technical analysis of BLUESCOPE STEEL 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 BLUESCOPE from various momentum indicators to cycle indicators. When you analyze BLUESCOPE 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 BLUESCOPE STEEL 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 BLUESCOPE STEEL. We use our internally-developed statistical techniques to arrive at the intrinsic value of BLUESCOPE STEEL based on widely used predictive technical indicators. In general, we focus on analyzing BLUESCOPE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BLUESCOPE STEEL'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 BLUESCOPE STEEL's intrinsic value. In addition to deriving basic predictive indicators for BLUESCOPE STEEL, we also check how macroeconomic factors affect BLUESCOPE STEEL 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 BLUESCOPE STEEL'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
11.2313.5015.77
Details
Intrinsic
Valuation
LowRealHigh
10.9113.1815.45
Details
Naive
Forecast
LowNextHigh
11.0413.3115.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.3313.0913.85
Details

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Additional Tools for BLUESCOPE Stock Analysis

When running BLUESCOPE STEEL's price analysis, check to measure BLUESCOPE STEEL'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 BLUESCOPE STEEL is operating at the current time. Most of BLUESCOPE STEEL's value examination focuses on studying past and present price action to predict the probability of BLUESCOPE STEEL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BLUESCOPE STEEL's price. Additionally, you may evaluate how the addition of BLUESCOPE STEEL to your portfolios can decrease your overall portfolio volatility.