ABC TRANSPORT (Nigeria) Volatility Indicators Normalized Average True Range

ABCTRANS   1.25  0.11  9.65%   
ABC TRANSPORT volatility indicators tool provides the execution environment for running the Normalized Average True Range indicator and other technical functions against ABC TRANSPORT. ABC TRANSPORT 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 Normalized Average True Range indicator function is designed to identify and follow existing trends. ABC TRANSPORT 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.

Indicator
Time Period
Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. The Normalized Average True Range is used to analyze tradable apportunities for ABC TRANSPORT PLC across different markets.

ABC TRANSPORT Technical Analysis Modules

Most technical analysis of ABC TRANSPORT 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 ABC from various momentum indicators to cycle indicators. When you analyze ABC 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.

Learn to be your own money manager

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.

Did you try this?

Run Risk-Return Analysis Now

   

Risk-Return Analysis

View associations between returns expected from investment and the risk you assume
All  Next Launch Module

ABC TRANSPORT PLC 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 ABC TRANSPORT 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 ABC TRANSPORT will appreciate offsetting losses from the drop in the long position's value.

ABC TRANSPORT Pair Trading

ABC TRANSPORT PLC Pair Trading Analysis

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