WESTLAKE CHEMICAL (Germany) Statistic Functions Beta

UEO Stock  EUR 122.00  1.00  0.83%   
WESTLAKE CHEMICAL statistic functions tool provides the execution environment for running the Beta function and other technical functions against WESTLAKE CHEMICAL. WESTLAKE CHEMICAL 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. WESTLAKE CHEMICAL 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 WESTLAKE CHEMICAL correlated with the market. If Beta is less than 0 WESTLAKE CHEMICAL generally moves in the opposite direction as compared to the market. If WESTLAKE CHEMICAL Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WESTLAKE CHEMICAL is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WESTLAKE CHEMICAL is generally in the same direction as the market. If Beta > 1 WESTLAKE CHEMICAL moves generally in the same direction as, but more than the movement of the benchmark.

WESTLAKE CHEMICAL Technical Analysis Modules

Most technical analysis of WESTLAKE CHEMICAL 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 WESTLAKE from various momentum indicators to cycle indicators. When you analyze WESTLAKE 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 WESTLAKE CHEMICAL 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 WESTLAKE CHEMICAL. We use our internally-developed statistical techniques to arrive at the intrinsic value of WESTLAKE CHEMICAL based on widely used predictive technical indicators. In general, we focus on analyzing WESTLAKE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build WESTLAKE CHEMICAL'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 WESTLAKE CHEMICAL's intrinsic value. In addition to deriving basic predictive indicators for WESTLAKE CHEMICAL, we also check how macroeconomic factors affect WESTLAKE CHEMICAL price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
120.58122.00123.42
Details
Intrinsic
Valuation
LowRealHigh
109.80123.98125.41
Details
Naive
Forecast
LowNextHigh
119.34120.76122.18
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
20.7222.8324.94
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 WESTLAKE CHEMICAL 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, WESTLAKE CHEMICAL's short interest history, or implied volatility extrapolated from WESTLAKE CHEMICAL options trading.

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Additional Tools for WESTLAKE Stock Analysis

When running WESTLAKE CHEMICAL's price analysis, check to measure WESTLAKE CHEMICAL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WESTLAKE CHEMICAL is operating at the current time. Most of WESTLAKE CHEMICAL's value examination focuses on studying past and present price action to predict the probability of WESTLAKE CHEMICAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WESTLAKE CHEMICAL's price. Additionally, you may evaluate how the addition of WESTLAKE CHEMICAL to your portfolios can decrease your overall portfolio volatility.