Goodhaven Fund Goodhaven Fund Statistic Functions Beta

GOODX Fund  USD 50.64  1.56  2.99%   
Goodhaven Fund statistic functions tool provides the execution environment for running the Beta function and other technical functions against Goodhaven Fund. Goodhaven Fund 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. Goodhaven Fund 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Goodhaven Fund Goodhaven correlated with the market. If Beta is less than 0 Goodhaven Fund generally moves in the opposite direction as compared to the market. If Goodhaven Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Goodhaven Fund Goodhaven is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Goodhaven Fund is generally in the same direction as the market. If Beta > 1 Goodhaven Fund moves generally in the same direction as, but more than the movement of the benchmark.

Goodhaven Fund Technical Analysis Modules

Most technical analysis of Goodhaven Fund 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 Goodhaven from various momentum indicators to cycle indicators. When you analyze Goodhaven 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 Goodhaven Fund 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 Goodhaven Fund Goodhaven. We use our internally-developed statistical techniques to arrive at the intrinsic value of Goodhaven Fund Goodhaven based on widely used predictive technical indicators. In general, we focus on analyzing Goodhaven Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Goodhaven Fund'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 Goodhaven Fund's intrinsic value. In addition to deriving basic predictive indicators for Goodhaven Fund, we also check how macroeconomic factors affect Goodhaven Fund 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 Goodhaven Fund'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
51.5552.1952.83
Details
Intrinsic
Valuation
LowRealHigh
51.6252.2652.90
Details
Naive
Forecast
LowNextHigh
50.7151.3551.99
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
51.7252.4053.09
Details

Align your values with your investing style

In addition to having Goodhaven Fund in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Investor Favorites Idea
Investor Favorites
Invested over 40 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 50 shares
Power Assets Idea
Power Assets
Invested over 200 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 50 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Blockchain Idea
Blockchain
Invested few shares
Impulse Idea
Impulse
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Technology Idea
Technology
Invested few shares
Millennials Best Idea
Millennials Best
Invested few shares

Other Information on Investing in Goodhaven Mutual Fund

Goodhaven Fund financial ratios help investors to determine whether Goodhaven Mutual Fund 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 Goodhaven with respect to the benefits of owning Goodhaven Fund security.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes