Telenor ASA (Norway) Statistic Functions Beta

TEL Stock  NOK 128.20  1.70  1.34%   
Telenor ASA statistic functions tool provides the execution environment for running the Beta function and other technical functions against Telenor ASA. Telenor 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. Telenor 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.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Telenor ASA correlated with the market. If Beta is less than 0 Telenor ASA generally moves in the opposite direction as compared to the market. If Telenor ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Telenor ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Telenor ASA is generally in the same direction as the market. If Beta > 1 Telenor ASA moves generally in the same direction as, but more than the movement of the benchmark.

Telenor ASA Technical Analysis Modules

Most technical analysis of Telenor 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 Telenor from various momentum indicators to cycle indicators. When you analyze Telenor 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 Telenor 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 Telenor ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Telenor ASA based on widely used predictive technical indicators. In general, we focus on analyzing Telenor Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Telenor 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 Telenor ASA's intrinsic value. In addition to deriving basic predictive indicators for Telenor ASA, we also check how macroeconomic factors affect Telenor 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 Telenor 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
127.21128.20129.19
Details
Intrinsic
Valuation
LowRealHigh
123.49124.47141.02
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Telenor ASA. Your research has to be compared to or analyzed against Telenor ASA's peers to derive any actionable benefits. When done correctly, Telenor 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 Telenor 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 Companies Directory Now

   

Companies Directory

Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
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.
Driverless Cars Idea
Driverless Cars
Invested over 200 shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Telenor 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Telenor Stock analysis

When running Telenor ASA's price analysis, check to measure Telenor 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 Telenor ASA is operating at the current time. Most of Telenor ASA's value examination focuses on studying past and present price action to predict the probability of Telenor 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 Telenor ASA's price. Additionally, you may evaluate how the addition of Telenor ASA to your portfolios can decrease your overall portfolio volatility.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Content Syndication
Quickly integrate customizable finance content to your own investment portal
CEOs Directory
Screen CEOs from public companies around the world
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Please note, there is a significant difference between Telenor ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telenor ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telenor 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.