Biostar Microtech (Taiwan) Statistic Functions Beta

2399 Stock  TWD 29.00  0.45  1.53%   
Biostar Microtech statistic functions tool provides the execution environment for running the Beta function and other technical functions against Biostar Microtech. Biostar Microtech 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. Biostar Microtech 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 Biostar Microtech correlated with the market. If Beta is less than 0 Biostar Microtech generally moves in the opposite direction as compared to the market. If Biostar Microtech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Biostar Microtech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Biostar Microtech is generally in the same direction as the market. If Beta > 1 Biostar Microtech moves generally in the same direction as, but more than the movement of the benchmark.

Biostar Microtech Technical Analysis Modules

Most technical analysis of Biostar Microtech 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 Biostar from various momentum indicators to cycle indicators. When you analyze Biostar 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 Biostar Microtech 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 Biostar Microtech International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Biostar Microtech International based on widely used predictive technical indicators. In general, we focus on analyzing Biostar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Biostar Microtech'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 Biostar Microtech's intrinsic value. In addition to deriving basic predictive indicators for Biostar Microtech, we also check how macroeconomic factors affect Biostar Microtech price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
24.6729.0033.33
Details
Intrinsic
Valuation
LowRealHigh
21.3225.6529.98
Details

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Additional Tools for Biostar Stock Analysis

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