Automotive Stampings (India) Price Transform Weighted Close Price

ASAL Stock   652.10  14.55  2.18%   
Automotive Stampings price transform tool provides the execution environment for running the Weighted Close Price transformation and other technical functions against Automotive Stampings. Automotive Stampings 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 price transform indicators. As with most other technical indicators, the Weighted Close Price transformation function is designed to identify and follow existing trends. Automotive Stampings price transformation methods enable investors to generate trading signals using basic price transformation functions such as typical price movement.

Transformation
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 Automotive Stampings and 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 Automotive Stampings closing price as input.

Automotive Stampings Technical Analysis Modules

Most technical analysis of Automotive Stampings 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 Automotive from various momentum indicators to cycle indicators. When you analyze Automotive 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 Automotive Stampings 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 Automotive Stampings and. We use our internally-developed statistical techniques to arrive at the intrinsic value of Automotive Stampings and based on widely used predictive technical indicators. In general, we focus on analyzing Automotive Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Automotive Stampings'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 Automotive Stampings's intrinsic value. In addition to deriving basic predictive indicators for Automotive Stampings, we also check how macroeconomic factors affect Automotive Stampings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
586.89671.94674.75
Details
Intrinsic
Valuation
LowRealHigh
605.06607.87717.31
Details

Learn to be your own money manager

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.

Did you try this?

Run Portfolio Anywhere Now

   

Portfolio Anywhere

Track or share privately all of your investments from the convenience of any device
All  Next Launch Module

Automotive Stampings and 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 Automotive Stampings 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 Automotive Stampings will appreciate offsetting losses from the drop in the long position's value.

Automotive Stampings Pair Trading

Automotive Stampings and Pair Trading Analysis

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

Additional Tools for Automotive Stock Analysis

When running Automotive Stampings' price analysis, check to measure Automotive Stampings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Automotive Stampings is operating at the current time. Most of Automotive Stampings' value examination focuses on studying past and present price action to predict the probability of Automotive Stampings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Automotive Stampings' price. Additionally, you may evaluate how the addition of Automotive Stampings to your portfolios can decrease your overall portfolio volatility.