PROCIMMO RESIDENTIAL (Switzerland) Statistic Functions Beta
| PRLF Fund | 149.00 0.50 0.34% |
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The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on PROCIMMO RESIDENTIAL correlated with the market. If Beta is less than 0 PROCIMMO RESIDENTIAL generally moves in the opposite direction as compared to the market. If PROCIMMO RESIDENTIAL Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one PROCIMMO RESIDENTIAL is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of PROCIMMO RESIDENTIAL is generally in the same direction as the market. If Beta > 1 PROCIMMO RESIDENTIAL moves generally in the same direction as, but more than the movement of the benchmark.
PROCIMMO RESIDENTIAL Technical Analysis Modules
Most technical analysis of PROCIMMO RESIDENTIAL 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 PROCIMMO from various momentum indicators to cycle indicators. When you analyze PROCIMMO 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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PROCIMMO RESIDENTIAL 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 PROCIMMO RESIDENTIAL 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 PROCIMMO RESIDENTIAL will appreciate offsetting losses from the drop in the long position's value.PROCIMMO RESIDENTIAL Pair Trading
PROCIMMO RESIDENTIAL LEMANIC Pair Trading Analysis
The ability to find closely correlated positions to PROCIMMO RESIDENTIAL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PROCIMMO RESIDENTIAL 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 PROCIMMO RESIDENTIAL - 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 PROCIMMO RESIDENTIAL LEMANIC to buy it.
The correlation of PROCIMMO RESIDENTIAL 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 PROCIMMO RESIDENTIAL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PROCIMMO RESIDENTIAL 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 PROCIMMO RESIDENTIAL 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.| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
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