Perdoceo Education (Germany) Statistic Functions Pearson Correlation Coefficient

CE1 Stock  EUR 26.00  0.20  0.76%   
Perdoceo Education statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Perdoceo Education. Perdoceo Education 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 Pearson Correlation Coefficient function function is designed to identify and follow existing trends. Perdoceo Education 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.

Function
Time Period
Execute Function
The output start index for this execution was nine with a total number of output elements of fifty-two. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of Perdoceo Education and its benchmark or peer.

Perdoceo Education Technical Analysis Modules

Most technical analysis of Perdoceo Education 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 Perdoceo from various momentum indicators to cycle indicators. When you analyze Perdoceo 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 Perdoceo Education 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 Perdoceo Education. We use our internally-developed statistical techniques to arrive at the intrinsic value of Perdoceo Education based on widely used predictive technical indicators. In general, we focus on analyzing Perdoceo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Perdoceo Education'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 Perdoceo Education's intrinsic value. In addition to deriving basic predictive indicators for Perdoceo Education, we also check how macroeconomic factors affect Perdoceo Education price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
23.4626.0028.54
Details
Intrinsic
Valuation
LowRealHigh
23.4028.6431.18
Details
Naive
Forecast
LowNextHigh
22.7025.2327.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.4825.5426.60
Details

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Other Information on Investing in Perdoceo Stock

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