Al Tawfeek statistic functions tool provides the execution environment for running the Beta function and other technical functions against Al Tawfeek. Al Tawfeek 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 statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Al Tawfeek statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.
The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Al Tawfeek Leasing correlated with the market. If Beta is less than 0 Al Tawfeek generally moves in the opposite direction as compared to the market. If Al Tawfeek Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Al Tawfeek Leasing is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Al Tawfeek is generally in the same direction as the market. If Beta > 1 Al Tawfeek moves generally in the same direction as, but more than the movement of the benchmark.
Al Tawfeek Technical Analysis Modules
Most technical analysis of Al Tawfeek 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 ATLC from various momentum indicators to cycle indicators. When you analyze ATLC 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.
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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Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
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 Al Tawfeek 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 Al Tawfeek will appreciate offsetting losses from the drop in the long position's value.
Al Tawfeek Pair Trading
Al Tawfeek Leasing Pair Trading Analysis
The ability to find closely correlated positions to Al Tawfeek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Al Tawfeek 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 Al Tawfeek - 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 Al Tawfeek Leasing to buy it.
The correlation of Al Tawfeek 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 Al Tawfeek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Al Tawfeek Leasing 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 Al Tawfeek 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.