Sparebanken Ost (Norway) Statistic Functions Beta

SPOG Stock  NOK 65.10  1.65  2.47%   
Sparebanken Ost statistic functions tool provides the execution environment for running the Beta function and other technical functions against Sparebanken Ost. Sparebanken Ost 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. Sparebanken Ost 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Sparebanken Ost correlated with the market. If Beta is less than 0 Sparebanken Ost generally moves in the opposite direction as compared to the market. If Sparebanken Ost Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sparebanken Ost is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sparebanken Ost is generally in the same direction as the market. If Beta > 1 Sparebanken Ost moves generally in the same direction as, but more than the movement of the benchmark.

Sparebanken Ost Technical Analysis Modules

Most technical analysis of Sparebanken Ost 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 Sparebanken from various momentum indicators to cycle indicators. When you analyze Sparebanken 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 Sparebanken Ost 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 Sparebanken Ost. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sparebanken Ost based on widely used predictive technical indicators. In general, we focus on analyzing Sparebanken Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sparebanken Ost'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 Sparebanken Ost's intrinsic value. In addition to deriving basic predictive indicators for Sparebanken Ost, we also check how macroeconomic factors affect Sparebanken Ost price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
63.6865.1066.52
Details
Intrinsic
Valuation
LowRealHigh
52.5253.9471.61
Details
Naive
Forecast
LowNextHigh
62.1963.6165.03
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
63.3066.3069.30
Details

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Other Information on Investing in Sparebanken Stock

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