Scandinavian Tobacco Group Stock Statistic Functions Beta

STBGY Stock  USD 7.60  0.03  0.39%   
Scandinavian Tobacco statistic functions tool provides the execution environment for running the Beta function and other technical functions against Scandinavian Tobacco. Scandinavian Tobacco 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. Scandinavian Tobacco 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 Scandinavian Tobacco correlated with the market. If Beta is less than 0 Scandinavian Tobacco generally moves in the opposite direction as compared to the market. If Scandinavian Tobacco Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Scandinavian Tobacco is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Scandinavian Tobacco is generally in the same direction as the market. If Beta > 1 Scandinavian Tobacco moves generally in the same direction as, but more than the movement of the benchmark.

Scandinavian Tobacco Technical Analysis Modules

Most technical analysis of Scandinavian Tobacco 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 Scandinavian from various momentum indicators to cycle indicators. When you analyze Scandinavian 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 Scandinavian Tobacco 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 Scandinavian Tobacco Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Scandinavian Tobacco Group based on widely used predictive technical indicators. In general, we focus on analyzing Scandinavian Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Scandinavian Tobacco'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 Scandinavian Tobacco's intrinsic value. In addition to deriving basic predictive indicators for Scandinavian Tobacco, we also check how macroeconomic factors affect Scandinavian Tobacco 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 Scandinavian Tobacco'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
5.487.609.72
Details
Intrinsic
Valuation
LowRealHigh
4.266.388.50
Details
Naive
Forecast
LowNextHigh
5.627.749.86
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.117.958.79
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Scandinavian Tobacco. Your research has to be compared to or analyzed against Scandinavian Tobacco's peers to derive any actionable benefits. When done correctly, Scandinavian Tobacco'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 Scandinavian Tobacco.

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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.
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Invested over 200 shares
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Invested few shares
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Invested over 200 shares
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Warren Buffett Holdings
Invested few shares
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scandinavian Tobacco Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Scandinavian Tobacco information on this page should be used as a complementary analysis to other Scandinavian Tobacco'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 Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for Scandinavian Pink Sheet analysis

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