Defense Metals Corp Stock Statistic Functions Beta

DEFN Stock  CAD 0.14  0.02  16.67%   
Defense Metals statistic functions tool provides the execution environment for running the Beta function and other technical functions against Defense Metals. Defense Metals 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. Defense Metals 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 fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on Defense Metals Corp correlated with the market. If Beta is less than 0 Defense Metals generally moves in the opposite direction as compared to the market. If Defense Metals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Defense Metals Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Defense Metals is generally in the same direction as the market. If Beta > 1 Defense Metals moves generally in the same direction as, but more than the movement of the benchmark.

Defense Metals Technical Analysis Modules

Most technical analysis of Defense Metals 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 Defense from various momentum indicators to cycle indicators. When you analyze Defense 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 Defense Metals 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 Defense Metals Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Defense Metals Corp based on widely used predictive technical indicators. In general, we focus on analyzing Defense Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Defense Metals'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 Defense Metals's intrinsic value. In addition to deriving basic predictive indicators for Defense Metals, we also check how macroeconomic factors affect Defense Metals price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2023 2024 (projected)
PB Ratio1.131.371.3
Capex To Depreciation12.6314.5213.8
Hype
Prediction
LowEstimatedHigh
0.010.127.60
Details
Intrinsic
Valuation
LowRealHigh
0.000.097.57
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

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Additional Tools for Defense Stock Analysis

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