Aker ASA (Norway) Statistic Functions Beta

AKER Stock  NOK 612.00  6.00  0.97%   
Aker ASA statistic functions tool provides the execution environment for running the Beta function and other technical functions against Aker ASA. Aker ASA 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. Aker ASA 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.

Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Aker ASA correlated with the market. If Beta is less than 0 Aker ASA generally moves in the opposite direction as compared to the market. If Aker ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Aker ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Aker ASA is generally in the same direction as the market. If Beta > 1 Aker ASA moves generally in the same direction as, but more than the movement of the benchmark.

Aker ASA Technical Analysis Modules

Most technical analysis of Aker ASA 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 Aker from various momentum indicators to cycle indicators. When you analyze Aker 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 Aker ASA 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 Aker ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aker ASA based on widely used predictive technical indicators. In general, we focus on analyzing Aker Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aker ASA'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 Aker ASA's intrinsic value. In addition to deriving basic predictive indicators for Aker ASA, we also check how macroeconomic factors affect Aker ASA 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 Aker ASA'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
610.89612.00613.11
Details
Intrinsic
Valuation
LowRealHigh
507.08508.19673.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aker ASA. Your research has to be compared to or analyzed against Aker ASA's peers to derive any actionable benefits. When done correctly, Aker ASA'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 Aker ASA.

Become your own money manager

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.

Did you try this?

Run Transaction History Now

   

Transaction History

View history of all your transactions and understand their impact on performance
All  Next Launch Module

Trending Themes

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.
Momentum Idea
Momentum
Invested over 70 shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
Driverless Cars Idea
Driverless Cars
Invested over 200 shares
Banking Idea
Banking
Invested over 30 shares
Social Domain Idea
Social Domain
Invested few shares
Power Assets Idea
Power Assets
Invested over 200 shares
Business Services Idea
Business Services
Invested few shares
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aker ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Aker Stock analysis

When running Aker ASA's price analysis, check to measure Aker ASA'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 Aker ASA is operating at the current time. Most of Aker ASA's value examination focuses on studying past and present price action to predict the probability of Aker ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aker ASA's price. Additionally, you may evaluate how the addition of Aker ASA to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Please note, there is a significant difference between Aker ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aker ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aker ASA'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.