Air Lease Preferred Stock Statistic Functions Pearson Correlation Coefficient

AL-PA Preferred Stock  USD 25.18  0.02  0.08%   
Air Lease statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Air Lease. Air Lease 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 Pearson Correlation Coefficient function function is designed to identify and follow existing trends. Air Lease 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.

Function
Time Period
Execute Function
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of Air Lease and its benchmark or peer.

Air Lease Technical Analysis Modules

Most technical analysis of Air Lease 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 Air from various momentum indicators to cycle indicators. When you analyze Air 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 Air Lease 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 Air Lease. We use our internally-developed statistical techniques to arrive at the intrinsic value of Air Lease based on widely used predictive technical indicators. In general, we focus on analyzing Air Preferred Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Air Lease'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 Air Lease's intrinsic value. In addition to deriving basic predictive indicators for Air Lease, we also check how macroeconomic factors affect Air Lease 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 Air Lease'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
24.7825.1825.58
Details
Intrinsic
Valuation
LowRealHigh
24.6825.0825.48
Details
Naive
Forecast
LowNextHigh
24.8525.2525.65
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.7024.9525.21
Details

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Other Information on Investing in Air Preferred Stock

Air Lease financial ratios help investors to determine whether Air Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Air with respect to the benefits of owning Air Lease security.