Mullen Group Stock Statistic Functions Beta

MTL Stock  CAD 15.46  0.10  0.65%   
Mullen statistic functions tool provides the execution environment for running the Beta function and other technical functions against Mullen. Mullen 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. Mullen 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 Mullen Group correlated with the market. If Beta is less than 0 Mullen generally moves in the opposite direction as compared to the market. If Mullen Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mullen Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mullen is generally in the same direction as the market. If Beta > 1 Mullen moves generally in the same direction as, but more than the movement of the benchmark.

Mullen Technical Analysis Modules

Most technical analysis of Mullen 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 Mullen from various momentum indicators to cycle indicators. When you analyze Mullen 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 Mullen 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 Mullen Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mullen Group based on widely used predictive technical indicators. In general, we focus on analyzing Mullen Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mullen'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 Mullen's intrinsic value. In addition to deriving basic predictive indicators for Mullen, we also check how macroeconomic factors affect Mullen price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Dividend Yield0.04530.05130.0344
Price To Sales Ratio0.680.630.6
Hype
Prediction
LowEstimatedHigh
13.9315.4616.99
Details
Intrinsic
Valuation
LowRealHigh
11.1112.6417.01
Details
Naive
Forecast
LowNextHigh
13.9115.4516.98
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.310.320.34
Details

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Other Information on Investing in Mullen Stock

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