Smartfren Telecom (Indonesia) Statistic Functions Beta

FREN Stock  IDR 24.00  1.00  4.00%   
Smartfren Telecom statistic functions tool provides the execution environment for running the Beta function and other technical functions against Smartfren Telecom. Smartfren Telecom 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. Smartfren Telecom 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Smartfren Telecom Tbk correlated with the market. If Beta is less than 0 Smartfren Telecom generally moves in the opposite direction as compared to the market. If Smartfren Telecom Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Smartfren Telecom Tbk is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Smartfren Telecom is generally in the same direction as the market. If Beta > 1 Smartfren Telecom moves generally in the same direction as, but more than the movement of the benchmark.

Smartfren Telecom Technical Analysis Modules

Most technical analysis of Smartfren Telecom 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 Smartfren from various momentum indicators to cycle indicators. When you analyze Smartfren 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 Smartfren Telecom 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 Smartfren Telecom Tbk. We use our internally-developed statistical techniques to arrive at the intrinsic value of Smartfren Telecom Tbk based on widely used predictive technical indicators. In general, we focus on analyzing Smartfren Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Smartfren Telecom'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 Smartfren Telecom's intrinsic value. In addition to deriving basic predictive indicators for Smartfren Telecom, we also check how macroeconomic factors affect Smartfren Telecom price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
20.3724.0027.63
Details
Intrinsic
Valuation
LowRealHigh
17.7921.4225.05
Details

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Other Information on Investing in Smartfren Stock

Smartfren Telecom financial ratios help investors to determine whether Smartfren 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 Smartfren with respect to the benefits of owning Smartfren Telecom security.