What is Current Sunwoda Electronic Tangent Of Price Series Indicator? - 300207.SHE

Sunwoda Electronic (China) Math Transform Tangent Of Price Series

300207 Stock   23.25  0.10  0.43%   
Sunwoda Electronic math transform tool provides the execution environment for running the Tangent Of Price Series transformation and other technical functions against Sunwoda Electronic. Sunwoda Electronic 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 Tangent Of Price Series 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 Sunwoda Electronic can be made when Sunwoda Electronic 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. Sunwoda Electronic Tangent Of Price Series is a trigonometric price transformation method
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Sunwoda Electronic Technical Analysis Modules

Most technical analysis of Sunwoda Electronic 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 Sunwoda from various momentum indicators to cycle indicators. When you analyze Sunwoda 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 Sunwoda Electronic 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 Sunwoda Electronic. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sunwoda Electronic based on widely used predictive technical indicators. In general, we focus on analyzing Sunwoda Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sunwoda Electronic'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 Sunwoda Electronic's intrinsic value. In addition to deriving basic predictive indicators for Sunwoda Electronic, we also check how macroeconomic factors affect Sunwoda Electronic price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
17.9022.8127.72
Details
Intrinsic
Valuation
LowRealHigh
17.0521.9626.87
Details
Naive
Forecast
LowNextHigh
19.2524.1629.08
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.140.160.20
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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Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
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Sunwoda Electronic 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 Sunwoda Electronic 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 Sunwoda Electronic will appreciate offsetting losses from the drop in the long position's value.

Sunwoda Electronic Pair Trading

Sunwoda Electronic Pair Trading Analysis

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

Sunwoda Electronic financial ratios help investors to determine whether Sunwoda 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 Sunwoda with respect to the benefits of owning Sunwoda Electronic security.