Bristol Statistic Functions Beta

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BMY -- USA Stock  

Report: 6th of August 2020  

Bristol Myers statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against Bristol Myers. Bristol Myers 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.
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The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Bristol Myers Squibb correlated with the market. If Beta is less than 0 Bristol Myers generally moves in the opposite direction as compared to the market. If Bristol Myers Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bristol Myers Squibb is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bristol Myers is generally in the same direction as the market. If Beta > 1 Bristol Myers moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

Bristol Myers Technical Analysis Modules

Most technical analysis of Bristol stock 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 Bristol from various momentum indicators to cycle indicators. When you analyze Bristol 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.
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators

About Bristol Myers 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 Bristol Myers Squibb. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bristol Myers Squibb based on widely used predictive technical indicators. In general, we focus on analyzing Bristol Myers stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bristol Myers'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 Bristol Myers's intrinsic value. In addition to deriving basic predictive indicators for Bristol Myers, we also check how macroeconomic factors affect Bristol Myers price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Earnings
Estimates (6)
LowProjected EPSHigh
6.086.156.20
Details
Hype
Prediction
LowEstimated ValueHigh
57.7659.3060.84
Details
Intrinsic
Valuation
LowReal ValueHigh
53.4962.9664.50
Details
Naive
Forecast
LowNext ValueHigh
59.9861.5263.06
Details
Analysts
Consensus (12)
LowTarget PriceHigh
50.0066.4480.00
Details
 2017 2018 2019 2020 (projected)
Long Term Debt to Equity0.590.40.840.91
Interest Coverage18.4327.979.019.25

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Bristol Myers Pair Trading

Bristol Myers Squibb Pair Trading Analysis

Correlation analysis and pair trading evaluation for Bristol Myers and Novartis AG. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to Trending Equities. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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