Netbay Public (Thailand) Statistic Functions Beta

NETBAY Stock  THB 19.30  0.04  0.21%   
Netbay Public statistic functions tool provides the execution environment for running the Beta function and other technical functions against Netbay Public. Netbay Public 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. Netbay Public 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 five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Netbay Public correlated with the market. If Beta is less than 0 Netbay Public generally moves in the opposite direction as compared to the market. If Netbay Public Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Netbay Public is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Netbay Public is generally in the same direction as the market. If Beta > 1 Netbay Public moves generally in the same direction as, but more than the movement of the benchmark.

Netbay Public Technical Analysis Modules

Most technical analysis of Netbay Public 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 Netbay from various momentum indicators to cycle indicators. When you analyze Netbay 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 Netbay Public 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 Netbay Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Netbay Public based on widely used predictive technical indicators. In general, we focus on analyzing Netbay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Netbay Public'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 Netbay Public's intrinsic value. In addition to deriving basic predictive indicators for Netbay Public, we also check how macroeconomic factors affect Netbay Public 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 Netbay Public'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
17.3719.3021.23
Details
Intrinsic
Valuation
LowRealHigh
14.8716.8021.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Netbay Public. Your research has to be compared to or analyzed against Netbay Public's peers to derive any actionable benefits. When done correctly, Netbay Public'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 Netbay Public.

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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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Note that the Netbay Public information on this page should be used as a complementary analysis to other Netbay Public'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for Netbay Stock analysis

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