BIONTECH (Brazil) Statistic Functions Beta

B1NT34 Stock  BRL 44.53  0.49  1.09%   
BIONTECH statistic functions tool provides the execution environment for running the Beta function and other technical functions against BIONTECH. BIONTECH 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. BIONTECH 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on BIONTECH SE DRN correlated with the market. If Beta is less than 0 BIONTECH generally moves in the opposite direction as compared to the market. If BIONTECH Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BIONTECH SE DRN is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BIONTECH is generally in the same direction as the market. If Beta > 1 BIONTECH moves generally in the same direction as, but more than the movement of the benchmark.

BIONTECH Technical Analysis Modules

Most technical analysis of BIONTECH 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 BIONTECH from various momentum indicators to cycle indicators. When you analyze BIONTECH 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 BIONTECH 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 BIONTECH SE DRN. We use our internally-developed statistical techniques to arrive at the intrinsic value of BIONTECH SE DRN based on widely used predictive technical indicators. In general, we focus on analyzing BIONTECH Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BIONTECH'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 BIONTECH's intrinsic value. In addition to deriving basic predictive indicators for BIONTECH, we also check how macroeconomic factors affect BIONTECH price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
40.7644.5348.30
Details
Intrinsic
Valuation
LowRealHigh
40.0850.3254.09
Details
Naive
Forecast
LowNextHigh
44.8248.5952.37
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
36.3040.8045.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BIONTECH. Your research has to be compared to or analyzed against BIONTECH's peers to derive any actionable benefits. When done correctly, BIONTECH'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 BIONTECH SE DRN.

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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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Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
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Other Information on Investing in BIONTECH Stock

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