Solar Alliance Energy Stock Statistic Functions Linear Regression Angle

SAENF Stock  USD 0.02  0.0001  0.44%   
Solar Alliance statistic functions tool provides the execution environment for running the Linear Regression Angle function and other technical functions against Solar Alliance. Solar Alliance 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 Linear Regression Angle function function is designed to identify and follow existing trends. Solar Alliance 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.

Execute Function
The output start index for this execution was nine with a total number of output elements of fifty-two. The Linear Regression Angle indicator plots the angel of the trend line for each Solar Alliance Energy data point.

Solar Alliance Technical Analysis Modules

Most technical analysis of Solar Alliance 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 Solar from various momentum indicators to cycle indicators. When you analyze Solar 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 Solar Alliance 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 Solar Alliance Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Solar Alliance Energy based on widely used predictive technical indicators. In general, we focus on analyzing Solar OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Solar Alliance'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 Solar Alliance's intrinsic value. In addition to deriving basic predictive indicators for Solar Alliance, we also check how macroeconomic factors affect Solar Alliance price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.000.027.80
Details
Intrinsic
Valuation
LowRealHigh
0.000.027.80
Details
Naive
Forecast
LowNextHigh
0.00050.027.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.020.020.02
Details

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Solar Alliance Energy 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 Solar Alliance 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 Solar Alliance will appreciate offsetting losses from the drop in the long position's value.

Solar Alliance Pair Trading

Solar Alliance Energy Pair Trading Analysis

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

Solar Alliance financial ratios help investors to determine whether Solar OTC 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 Solar with respect to the benefits of owning Solar Alliance security.