Cathay Nikkei (Taiwan) Statistic Functions Beta

00657K Etf  USD 13.81  0.02  0.14%   
Cathay Nikkei statistic functions tool provides the execution environment for running the Beta function and other technical functions against Cathay Nikkei. Cathay Nikkei 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. Cathay Nikkei 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 thirty-five with a total number of output elements of twenty-six. The Beta measures systematic risk based on how returns on Cathay Nikkei 225 correlated with the market. If Beta is less than 0 Cathay Nikkei generally moves in the opposite direction as compared to the market. If Cathay Nikkei Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cathay Nikkei 225 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cathay Nikkei is generally in the same direction as the market. If Beta > 1 Cathay Nikkei moves generally in the same direction as, but more than the movement of the benchmark.

Cathay Nikkei Technical Analysis Modules

Most technical analysis of Cathay Nikkei 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 Cathay from various momentum indicators to cycle indicators. When you analyze Cathay 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 Cathay Nikkei 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 Cathay Nikkei 225. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cathay Nikkei 225 based on widely used predictive technical indicators. In general, we focus on analyzing Cathay Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cathay Nikkei'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 Cathay Nikkei's intrinsic value. In addition to deriving basic predictive indicators for Cathay Nikkei, we also check how macroeconomic factors affect Cathay Nikkei price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cathay Nikkei's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
12.5313.8115.09
Details
Intrinsic
Valuation
LowRealHigh
12.2813.5614.84
Details
Naive
Forecast
LowNextHigh
12.8114.0915.37
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.3314.3415.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cathay Nikkei. Your research has to be compared to or analyzed against Cathay Nikkei's peers to derive any actionable benefits. When done correctly, Cathay Nikkei'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 Cathay Nikkei 225.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay Nikkei 225. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Cathay Nikkei 225 information on this page should be used as a complementary analysis to other Cathay Nikkei's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Please note, there is a significant difference between Cathay Nikkei's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cathay Nikkei is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cathay Nikkei's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.