Air China (Germany) Price Transform Weighted Close Price
| AD2 Stock | EUR 0.63 0.02 3.28% |
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The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Air China Limited high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Air China closing price as input.
Air China Technical Analysis Modules
Most technical analysis of Air China 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 Air from various momentum indicators to cycle indicators. When you analyze Air 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.| Cycle Indicators | ||
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About Air China 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 Air China Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Air China Limited based on widely used predictive technical indicators. In general, we focus on analyzing Air Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Air China's daily price indicators and compare them against related drivers, such as price 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 Air China's intrinsic value. In addition to deriving basic predictive indicators for Air China, we also check how macroeconomic factors affect Air China price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Air China Limited 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 Air China 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 Air China will appreciate offsetting losses from the drop in the long position's value.Air China Pair Trading
Air China Limited Pair Trading Analysis
The ability to find closely correlated positions to Air China could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air China 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 Air China - 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 Air China Limited to buy it.
The correlation of Air China 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 Air China moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air China Limited 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 Air China 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.Other Information on Investing in Air Stock
Air China financial ratios help investors to determine whether Air 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 Air with respect to the benefits of owning Air China security.