Etfmg Etf Statistic Functions Beta

HACK
 Etf
  

USD 45.97  1.45  3.26%   

Etfmg Prime statistic functions tool provides the execution environment for running the Beta function and other technical functions against Etfmg Prime. Etfmg Prime 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. Etfmg Prime 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 sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Etfmg Prime Cyber correlated with the market. If Beta is less than 0 Etfmg Prime generally moves in the opposite direction as compared to the market. If Etfmg Prime Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Etfmg Prime Cyber is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Etfmg Prime is generally in the same direction as the market. If Beta > 1 Etfmg Prime moves generally in the same direction as, but more than the movement of the benchmark.
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Etfmg Prime Technical Analysis Modules

Most technical analysis of Etfmg Prime 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 Etfmg from various momentum indicators to cycle indicators. When you analyze Etfmg 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 Etfmg Prime 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 Etfmg Prime Cyber. We use our internally-developed statistical techniques to arrive at the intrinsic value of Etfmg Prime Cyber based on widely used predictive technical indicators. In general, we focus on analyzing Etfmg Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Etfmg Prime'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 Etfmg Prime's intrinsic value. In addition to deriving basic predictive indicators for Etfmg Prime, we also check how macroeconomic factors affect Etfmg Prime 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, frequently view the market will even out over time. This tendency of Etfmg Prime'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. Please use the tools below to analyze the current value of Etfmg Prime in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
44.2245.9747.72
Details
Intrinsic
Valuation
LowReal ValueHigh
44.5946.3448.09
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Etfmg Prime. Your research has to be compared to or analyzed against Etfmg Prime's peers to derive any actionable benefits. When done correctly, Etfmg Prime's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Etfmg Prime Cyber.

Align your values with your investing style

In addition to having Etfmg Prime in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  

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.
Management
Invested over 90 shares
Macroaxis Index
Invested over 90 shares
Please check Risk vs Return Analysis. Note that the Etfmg Prime Cyber information on this page should be used as a complementary analysis to other Etfmg Prime'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Etfmg Etf analysis

When running Etfmg Prime Cyber price analysis, check to measure Etfmg Prime'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 Etfmg Prime is operating at the current time. Most of Etfmg Prime's value examination focuses on studying past and present price action to predict the probability of Etfmg Prime's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Etfmg Prime's price. Additionally, you may evaluate how the addition of Etfmg Prime to your portfolios can decrease your overall portfolio volatility.
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The market value of Etfmg Prime Cyber is measured differently than its book value, which is the value of Etfmg that is recorded on the company's balance sheet. Investors also form their own opinion of Etfmg Prime's value that differs from its market value or its book value, called intrinsic value, which is Etfmg Prime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Etfmg Prime's market value can be influenced by many factors that don't directly affect Etfmg Prime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Etfmg Prime's value and its price as these two are different measures arrived at by different means. Investors typically determine Etfmg Prime value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etfmg Prime'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.