Grupo Herdez (Mexico) Math Transform Price Common Logarithm

HERDEZ Stock  MXN 52.24  1.46  2.72%   
Grupo Herdez math transform tool provides the execution environment for running the Price Common Logarithm transformation and other technical functions against Grupo Herdez. Grupo Herdez 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 math transform indicators. As with most other technical indicators, the Price Common Logarithm transformation function is designed to identify and follow existing trends. Analysts that use price transformation techniques rely on the belief that biggest profits from investing in Grupo Herdez can be made when Grupo Herdez shifts in price trends from positive to negative or vice versa.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Grupo Herdez SAB Price Common Logarithm is logarithm with base 10 applied on the entire pricing series.

Grupo Herdez Technical Analysis Modules

Most technical analysis of Grupo Herdez 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 Grupo from various momentum indicators to cycle indicators. When you analyze Grupo 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 Grupo Herdez 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 Grupo Herdez SAB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Grupo Herdez SAB based on widely used predictive technical indicators. In general, we focus on analyzing Grupo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Grupo Herdez's daily price indicators and compare them against related drivers, such as math transform 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 Grupo Herdez's intrinsic value. In addition to deriving basic predictive indicators for Grupo Herdez, we also check how macroeconomic factors affect Grupo Herdez 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 Grupo Herdez'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
50.3652.2454.12
Details
Intrinsic
Valuation
LowRealHigh
41.6443.5257.46
Details

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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.

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Grupo Herdez SAB 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 Grupo Herdez 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 Grupo Herdez will appreciate offsetting losses from the drop in the long position's value.

Grupo Herdez Pair Trading

Grupo Herdez SAB Pair Trading Analysis

The ability to find closely correlated positions to Grupo Herdez could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grupo Herdez 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 Grupo Herdez - 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 Grupo Herdez SAB to buy it.
The correlation of Grupo Herdez 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 Grupo Herdez moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grupo Herdez SAB 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 Grupo Herdez 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 Grupo Stock

Grupo Herdez financial ratios help investors to determine whether Grupo 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 Grupo with respect to the benefits of owning Grupo Herdez security.