Octopus Aim (UK) Statistic Functions Pearson Correlation Coefficient

OOA Stock   51.30  0.00  0.00%   
Octopus Aim statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Octopus Aim. Octopus Aim 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. Octopus Aim 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 Octopus Aim Vct and its benchmark or peer.

Octopus Aim Technical Analysis Modules

Most technical analysis of Octopus Aim 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 Octopus from various momentum indicators to cycle indicators. When you analyze Octopus 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 Octopus Aim 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 Octopus Aim Vct. We use our internally-developed statistical techniques to arrive at the intrinsic value of Octopus Aim Vct based on widely used predictive technical indicators. In general, we focus on analyzing Octopus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Octopus Aim'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 Octopus Aim's intrinsic value. In addition to deriving basic predictive indicators for Octopus Aim, we also check how macroeconomic factors affect Octopus Aim price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
50.7751.3051.83
Details
Intrinsic
Valuation
LowRealHigh
51.1251.6552.18
Details
Naive
Forecast
LowNextHigh
50.5851.1151.63
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
51.3051.3051.30
Details

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Other Information on Investing in Octopus Stock

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