Ha Noi (Vietnam) Statistic Functions Beta

EID Stock   26,700  100.00  0.38%   
Ha Noi statistic functions tool provides the execution environment for running the Beta function and other technical functions against Ha Noi. Ha Noi 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. Ha Noi 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Ha Noi Education correlated with the market. If Beta is less than 0 Ha Noi generally moves in the opposite direction as compared to the market. If Ha Noi Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ha Noi Education is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ha Noi is generally in the same direction as the market. If Beta > 1 Ha Noi moves generally in the same direction as, but more than the movement of the benchmark.

Ha Noi Technical Analysis Modules

Most technical analysis of Ha Noi 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 EID from various momentum indicators to cycle indicators. When you analyze EID 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 Ha Noi 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 Ha Noi Education. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ha Noi Education based on widely used predictive technical indicators. In general, we focus on analyzing EID Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ha Noi's daily price indicators and compare them against related drivers, such as statistic functions 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 Ha Noi's intrinsic value. In addition to deriving basic predictive indicators for Ha Noi, we also check how macroeconomic factors affect Ha Noi price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
26,69926,70026,701
Details
Intrinsic
Valuation
LowRealHigh
24,77024,77129,370
Details
Naive
Forecast
LowNextHigh
26,71826,71926,720
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26,37127,04327,716
Details

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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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Ha Noi Education 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 Ha Noi 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 Ha Noi will appreciate offsetting losses from the drop in the long position's value.

Ha Noi Pair Trading

Ha Noi Education Pair Trading Analysis

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

Ha Noi financial ratios help investors to determine whether EID 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 EID with respect to the benefits of owning Ha Noi security.