Shanghai Putailai (China) Statistic Functions Variance

603659 Stock   17.20  0.17  1.00%   
Shanghai Putailai statistic functions tool provides the execution environment for running the Variance function and other technical functions against Shanghai Putailai. Shanghai Putailai 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 Variance function function is designed to identify and follow existing trends. Shanghai Putailai statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. Shanghai Putailai New Variance is a measurement of the price spread between periods of Shanghai Putailai price series.

Shanghai Putailai Technical Analysis Modules

Most technical analysis of Shanghai Putailai 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 Shanghai from various momentum indicators to cycle indicators. When you analyze Shanghai 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 Shanghai Putailai 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 Shanghai Putailai New. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shanghai Putailai New based on widely used predictive technical indicators. In general, we focus on analyzing Shanghai Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shanghai Putailai'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 Shanghai Putailai's intrinsic value. In addition to deriving basic predictive indicators for Shanghai Putailai, we also check how macroeconomic factors affect Shanghai Putailai price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
12.7617.3822.00
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Intrinsic
Valuation
LowRealHigh
9.2613.8818.50
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Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shanghai Putailai. Your research has to be compared to or analyzed against Shanghai Putailai's peers to derive any actionable benefits. When done correctly, Shanghai Putailai's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Shanghai Putailai New.

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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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Shanghai Putailai New 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 Shanghai Putailai 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 Shanghai Putailai will appreciate offsetting losses from the drop in the long position's value.

Shanghai Putailai Pair Trading

Shanghai Putailai New Pair Trading Analysis

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

Shanghai Putailai financial ratios help investors to determine whether Shanghai 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 Shanghai with respect to the benefits of owning Shanghai Putailai security.