Hotel Sigiriya (Sri Lanka) Overlap Studies Bollinger Bands

HSIGN0000   75.70  4.10  5.73%   
Hotel Sigiriya overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against Hotel Sigiriya. Hotel Sigiriya 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 overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. Hotel Sigiriya overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Hotel Sigiriya middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Hotel Sigiriya PLC. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Hotel Sigiriya Technical Analysis Modules

Most technical analysis of Hotel Sigiriya 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 Hotel from various momentum indicators to cycle indicators. When you analyze Hotel 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 Hotel Sigiriya 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 Hotel Sigiriya PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hotel Sigiriya PLC based on widely used predictive technical indicators. In general, we focus on analyzing Hotel Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hotel Sigiriya's daily price indicators and compare them against related drivers, such as overlap studies 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 Hotel Sigiriya's intrinsic value. In addition to deriving basic predictive indicators for Hotel Sigiriya, we also check how macroeconomic factors affect Hotel Sigiriya price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
72.6875.7078.72
Details
Intrinsic
Valuation
LowRealHigh
64.7367.7583.27
Details
Naive
Forecast
LowNextHigh
70.4373.4576.48
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
42.6660.6078.54
Details

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Hotel Sigiriya PLC pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hotel Sigiriya position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hotel Sigiriya will appreciate offsetting losses from the drop in the long position's value.

Hotel Sigiriya Pair Trading

Hotel Sigiriya PLC Pair Trading Analysis

The ability to find closely correlated positions to Hotel Sigiriya could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hotel Sigiriya when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hotel Sigiriya - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hotel Sigiriya PLC to buy it.
The correlation of Hotel Sigiriya is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hotel Sigiriya moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hotel Sigiriya PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hotel Sigiriya can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Hotel Stock

Hotel Sigiriya financial ratios help investors to determine whether Hotel 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 Hotel with respect to the benefits of owning Hotel Sigiriya security.