Tingyi Holding (Taiwan) Overlap Studies Weighted Moving Average

910322 Stock  TWD 20.50  0.05  0.24%   
Tingyi Holding overlap studies tool provides the execution environment for running the Weighted Moving Average study and other technical functions against Tingyi Holding. Tingyi Holding 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 Weighted Moving Average study function is designed to identify and follow existing trends. Tingyi Holding overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Weighted Moving Average calculates a weight for each value in Tingyi Holding price series with the more recent values given greater weights.

Tingyi Holding Technical Analysis Modules

Most technical analysis of Tingyi Holding 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 Tingyi from various momentum indicators to cycle indicators. When you analyze Tingyi 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 Tingyi Holding 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 Tingyi Holding Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tingyi Holding Corp based on widely used predictive technical indicators. In general, we focus on analyzing Tingyi Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tingyi Holding'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 Tingyi Holding's intrinsic value. In addition to deriving basic predictive indicators for Tingyi Holding, we also check how macroeconomic factors affect Tingyi Holding price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
18.6020.5022.40
Details
Intrinsic
Valuation
LowRealHigh
19.7021.6023.50
Details
Naive
Forecast
LowNextHigh
17.7919.6921.59
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
20.4621.3322.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tingyi Holding. Your research has to be compared to or analyzed against Tingyi Holding's peers to derive any actionable benefits. When done correctly, Tingyi Holding's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Tingyi Holding Corp.

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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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Tingyi Holding Corp 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 Tingyi Holding 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 Tingyi Holding will appreciate offsetting losses from the drop in the long position's value.

Tingyi Holding Pair Trading

Tingyi Holding Corp Pair Trading Analysis

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

Tingyi Holding financial ratios help investors to determine whether Tingyi 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 Tingyi with respect to the benefits of owning Tingyi Holding security.