Coronation Global (South Africa) Volatility Indicators Average True Range

0P0000IQYY   233.45  4.36  1.90%   
Coronation Global volatility indicators tool provides the execution environment for running the Average True Range indicator and other technical functions against Coronation Global. Coronation Global 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 volatility indicators indicators. As with most other technical indicators, the Average True Range indicator function is designed to identify and follow existing trends. Coronation Global volatility indicators enable investors to predict price movements based on how different True Range indicators change over time. Please specify Time Period to run this model.

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The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Coronation Global volatility. High ATR values indicate high volatility, and low values indicate low volatility.
JavaScript chart by amCharts 3.21.15OctNovNov 11Nov 18Nov 25DecDec 09215220225230235 0.10.20.30.40.50.60.70.80.91.0 1.21.31.41.51.61.71.81.92.02.12.22.32.42.52.62.7 41.8K42K42.2K42.4K42.6K42.8K43K43.2K43.4K43.6K43.8K44K44.2K44.4K44.6K44.8K45K Show all
JavaScript chart by amCharts 3.21.15Coronation Global Volume Coronation Global Closing Prices Dow Jones Industrial Closing Prices - Benchmark Coronation Global Average True Range

Coronation Global Technical Analysis Modules

Most technical analysis of Coronation Global 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 Coronation from various momentum indicators to cycle indicators. When you analyze Coronation 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.

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Coronation Global 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 Coronation Global 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 Coronation Global will appreciate offsetting losses from the drop in the long position's value.

Coronation Global Pair Trading

Coronation Global Opportunities Pair Trading Analysis

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