Nuvim Inc Stock Statistic Functions Beta

NUVM Stock  USD 0  0.00  0.00%   
NuVim statistic functions tool provides the execution environment for running the Beta function and other technical functions against NuVim. NuVim 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. NuVim 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 NuVim Inc correlated with the market. If Beta is less than 0 NuVim generally moves in the opposite direction as compared to the market. If NuVim Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NuVim Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NuVim is generally in the same direction as the market. If Beta > 1 NuVim moves generally in the same direction as, but more than the movement of the benchmark.

NuVim Technical Analysis Modules

Most technical analysis of NuVim 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 NuVim from various momentum indicators to cycle indicators. When you analyze NuVim 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 NuVim 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 NuVim Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of NuVim Inc based on widely used predictive technical indicators. In general, we focus on analyzing NuVim Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NuVim'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 NuVim's intrinsic value. In addition to deriving basic predictive indicators for NuVim, we also check how macroeconomic factors affect NuVim 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 NuVim'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
0.0005.53
Details
Intrinsic
Valuation
LowRealHigh
0.0005.53
Details
Naive
Forecast
LowNextHigh
0.00007605.54
Details

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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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NuVim Inc 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 NuVim 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 NuVim will appreciate offsetting losses from the drop in the long position's value.

NuVim Pair Trading

NuVim Inc Pair Trading Analysis

The ability to find closely correlated positions to NuVim could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NuVim when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NuVim - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NuVim Inc to buy it.
The correlation of NuVim is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NuVim moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NuVim Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NuVim can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in NuVim Pink Sheet

NuVim financial ratios help investors to determine whether NuVim Pink Sheet 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 NuVim with respect to the benefits of owning NuVim security.