Afarak Group (Finland) Statistic Functions Beta

AFAGR Stock  EUR 0.35  0.01  2.94%   
Afarak Group statistic functions tool provides the execution environment for running the Beta function and other technical functions against Afarak Group. Afarak Group 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. Afarak Group 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 fifty-two with a total number of output elements of nine. The Beta measures systematic risk based on how returns on Afarak Group Oyj correlated with the market. If Beta is less than 0 Afarak Group generally moves in the opposite direction as compared to the market. If Afarak Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Afarak Group Oyj is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Afarak Group is generally in the same direction as the market. If Beta > 1 Afarak Group moves generally in the same direction as, but more than the movement of the benchmark.

Afarak Group Technical Analysis Modules

Most technical analysis of Afarak Group 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 Afarak from various momentum indicators to cycle indicators. When you analyze Afarak 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 Afarak Group 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 Afarak Group Oyj. We use our internally-developed statistical techniques to arrive at the intrinsic value of Afarak Group Oyj based on widely used predictive technical indicators. In general, we focus on analyzing Afarak Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Afarak Group'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 Afarak Group's intrinsic value. In addition to deriving basic predictive indicators for Afarak Group, we also check how macroeconomic factors affect Afarak Group 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 Afarak Group'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
0.020.352.78
Details
Intrinsic
Valuation
LowRealHigh
0.020.302.73
Details
Naive
Forecast
LowNextHigh
0.010.342.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.340.360.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Afarak Group. Your research has to be compared to or analyzed against Afarak Group's peers to derive any actionable benefits. When done correctly, Afarak Group'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 Afarak Group Oyj.

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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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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Afarak Group Oyj. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Afarak Stock analysis

When running Afarak Group's price analysis, check to measure Afarak Group'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 Afarak Group is operating at the current time. Most of Afarak Group's value examination focuses on studying past and present price action to predict the probability of Afarak Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afarak Group's price. Additionally, you may evaluate how the addition of Afarak Group to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Afarak Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Afarak Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Afarak Group'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.