EasyETF BNP (France) Statistic Functions Beta

ESE Etf  EUR 23.75  0.47  2.02%   
EasyETF BNP statistic functions tool provides the execution environment for running the Beta function and other technical functions against EasyETF BNP. EasyETF BNP 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. EasyETF BNP 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-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on EasyETF BNP correlated with the market. If Beta is less than 0 EasyETF BNP generally moves in the opposite direction as compared to the market. If EasyETF BNP Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one EasyETF BNP is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of EasyETF BNP is generally in the same direction as the market. If Beta > 1 EasyETF BNP moves generally in the same direction as, but more than the movement of the benchmark.

EasyETF BNP Technical Analysis Modules

Most technical analysis of EasyETF BNP 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 EasyETF from various momentum indicators to cycle indicators. When you analyze EasyETF 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 EasyETF BNP 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 EasyETF BNP. We use our internally-developed statistical techniques to arrive at the intrinsic value of EasyETF BNP based on widely used predictive technical indicators. In general, we focus on analyzing EasyETF Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EasyETF BNP'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 EasyETF BNP's intrinsic value. In addition to deriving basic predictive indicators for EasyETF BNP, we also check how macroeconomic factors affect EasyETF BNP 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 EasyETF BNP'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
23.0123.7524.49
Details
Intrinsic
Valuation
LowRealHigh
22.8823.6224.36
Details
Naive
Forecast
LowNextHigh
23.0023.7424.49
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.2723.8024.33
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as EasyETF BNP. Your research has to be compared to or analyzed against EasyETF BNP's peers to derive any actionable benefits. When done correctly, EasyETF BNP'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 EasyETF BNP.

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EasyETF BNP. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the EasyETF BNP information on this page should be used as a complementary analysis to other EasyETF BNP'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Please note, there is a significant difference between EasyETF BNP's value and its price as these two are different measures arrived at by different means. Investors typically determine if EasyETF BNP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EasyETF BNP'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.