Merida Industry (Taiwan) Statistic Functions Beta

9914 Stock  TWD 216.50  2.00  0.92%   
Merida Industry statistic functions tool provides the execution environment for running the Beta function and other technical functions against Merida Industry. Merida Industry 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. Merida Industry 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Merida Industry correlated with the market. If Beta is less than 0 Merida Industry generally moves in the opposite direction as compared to the market. If Merida Industry Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Merida Industry is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Merida Industry is generally in the same direction as the market. If Beta > 1 Merida Industry moves generally in the same direction as, but more than the movement of the benchmark.

Merida Industry Technical Analysis Modules

Most technical analysis of Merida Industry 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 Merida from various momentum indicators to cycle indicators. When you analyze Merida 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 Merida Industry 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 Merida Industry Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Merida Industry Co based on widely used predictive technical indicators. In general, we focus on analyzing Merida Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Merida Industry'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 Merida Industry's intrinsic value. In addition to deriving basic predictive indicators for Merida Industry, we also check how macroeconomic factors affect Merida Industry 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 Merida Industry'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
214.12216.50218.88
Details
Intrinsic
Valuation
LowRealHigh
182.84185.22238.15
Details
Naive
Forecast
LowNextHigh
210.92213.30215.68
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
213.68230.18246.67
Details

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Additional Tools for Merida Stock Analysis

When running Merida Industry's price analysis, check to measure Merida Industry'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 Merida Industry is operating at the current time. Most of Merida Industry's value examination focuses on studying past and present price action to predict the probability of Merida Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merida Industry's price. Additionally, you may evaluate how the addition of Merida Industry to your portfolios can decrease your overall portfolio volatility.