Aspo Oyj (Finland) Statistic Functions Beta

ASPO Stock  EUR 5.72  0.02  0.35%   
Aspo Oyj statistic functions tool provides the execution environment for running the Beta function and other technical functions against Aspo Oyj. Aspo Oyj 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. Aspo Oyj 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 eight with a total number of output elements of fifty-three. The Beta measures systematic risk based on how returns on Aspo Oyj correlated with the market. If Beta is less than 0 Aspo Oyj generally moves in the opposite direction as compared to the market. If Aspo Oyj Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Aspo Oyj is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Aspo Oyj is generally in the same direction as the market. If Beta > 1 Aspo Oyj moves generally in the same direction as, but more than the movement of the benchmark.

Aspo Oyj Technical Analysis Modules

Most technical analysis of Aspo Oyj 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 Aspo from various momentum indicators to cycle indicators. When you analyze Aspo 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 Aspo Oyj 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 Aspo Oyj. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aspo Oyj based on widely used predictive technical indicators. In general, we focus on analyzing Aspo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aspo Oyj'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 Aspo Oyj's intrinsic value. In addition to deriving basic predictive indicators for Aspo Oyj, we also check how macroeconomic factors affect Aspo Oyj 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 Aspo Oyj'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
4.565.726.88
Details
Intrinsic
Valuation
LowRealHigh
3.644.805.96
Details
Naive
Forecast
LowNextHigh
4.425.586.74
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5.625.805.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aspo Oyj. Your research has to be compared to or analyzed against Aspo Oyj's peers to derive any actionable benefits. When done correctly, Aspo Oyj'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 Aspo Oyj.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aspo Oyj in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aspo Oyj's short interest history, or implied volatility extrapolated from Aspo Oyj options trading.

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.
Investor Favorites Idea
Investor Favorites
Invested a lot of shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 50 shares
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspo 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 board of governors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Aspo Stock analysis

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