Grendene (Brazil) Statistic Functions Variance

GRND3 Stock  BRL 5.47  0.28  5.39%   
Grendene statistic functions tool provides the execution environment for running the Variance function and other technical functions against Grendene. Grendene 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 Variance function function is designed to identify and follow existing trends. Grendene statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
The output start index for this execution was fifty-nine with a total number of output elements of two. Grendene SA Variance is a measurement of the price spread between periods of Grendene price series.

Grendene Technical Analysis Modules

Most technical analysis of Grendene 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 Grendene from various momentum indicators to cycle indicators. When you analyze Grendene 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 Grendene 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 Grendene SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Grendene SA based on widely used predictive technical indicators. In general, we focus on analyzing Grendene Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Grendene'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 Grendene's intrinsic value. In addition to deriving basic predictive indicators for Grendene, we also check how macroeconomic factors affect Grendene price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.000.001.80
Details
Intrinsic
Valuation
LowRealHigh
0.000.001.80
Details
Naive
Forecast
LowNextHigh
3.475.267.06
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.055.255.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Grendene. Your research has to be compared to or analyzed against Grendene's peers to derive any actionable benefits. When done correctly, Grendene's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Grendene SA.

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Additional Tools for Grendene Stock Analysis

When running Grendene's price analysis, check to measure Grendene'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 Grendene is operating at the current time. Most of Grendene's value examination focuses on studying past and present price action to predict the probability of Grendene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grendene's price. Additionally, you may evaluate how the addition of Grendene to your portfolios can decrease your overall portfolio volatility.