Merchant Bank (Sri Lanka) Statistic Functions Pearson Correlation Coefficient

MBSLN0000  LKR 5.40  0.10  1.82%   
Merchant Bank statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Merchant Bank. Merchant Bank 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. Merchant Bank 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 fourty-one with a total number of output elements of twenty. 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 Merchant Bank and its benchmark or peer.

Merchant Bank Technical Analysis Modules

Most technical analysis of Merchant Bank 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 Merchant from various momentum indicators to cycle indicators. When you analyze Merchant 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 Merchant Bank 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 Merchant Bank of. We use our internally-developed statistical techniques to arrive at the intrinsic value of Merchant Bank of based on widely used predictive technical indicators. In general, we focus on analyzing Merchant Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Merchant Bank'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 Merchant Bank's intrinsic value. In addition to deriving basic predictive indicators for Merchant Bank, we also check how macroeconomic factors affect Merchant Bank price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
2.495.408.31
Details
Intrinsic
Valuation
LowRealHigh
1.564.477.38
Details
Naive
Forecast
LowNextHigh
2.645.558.46
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.215.465.70
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Merchant Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Merchant Bank's short interest history, or implied volatility extrapolated from Merchant Bank options trading.

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Other Information on Investing in Merchant Stock

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