HAMMONIA Schiffsholding (Germany) Statistic Functions Beta

HHX Stock  EUR 282.00  8.00  2.92%   
HAMMONIA Schiffsholding statistic functions tool provides the execution environment for running the Beta function and other technical functions against HAMMONIA Schiffsholding. HAMMONIA Schiffsholding 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. HAMMONIA Schiffsholding 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.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on HAMMONIA Schiffsholding correlated with the market. If Beta is less than 0 HAMMONIA Schiffsholding generally moves in the opposite direction as compared to the market. If HAMMONIA Schiffsholding Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one HAMMONIA Schiffsholding is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of HAMMONIA Schiffsholding is generally in the same direction as the market. If Beta > 1 HAMMONIA Schiffsholding moves generally in the same direction as, but more than the movement of the benchmark.

HAMMONIA Schiffsholding Technical Analysis Modules

Most technical analysis of HAMMONIA Schiffsholding 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 HAMMONIA from various momentum indicators to cycle indicators. When you analyze HAMMONIA 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 HAMMONIA Schiffsholding 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 HAMMONIA Schiffsholding AG. We use our internally-developed statistical techniques to arrive at the intrinsic value of HAMMONIA Schiffsholding AG based on widely used predictive technical indicators. In general, we focus on analyzing HAMMONIA Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build HAMMONIA Schiffsholding'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 HAMMONIA Schiffsholding's intrinsic value. In addition to deriving basic predictive indicators for HAMMONIA Schiffsholding, we also check how macroeconomic factors affect HAMMONIA Schiffsholding price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
279.83282.00284.17
Details
Intrinsic
Valuation
LowRealHigh
237.65239.82310.20
Details

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HAMMONIA Schiffsholding pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if HAMMONIA Schiffsholding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in HAMMONIA Schiffsholding will appreciate offsetting losses from the drop in the long position's value.

HAMMONIA Schiffsholding Pair Trading

HAMMONIA Schiffsholding AG Pair Trading Analysis

Other Information on Investing in HAMMONIA Stock

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