Investors can use prediction functions to forecast ACE 10Y's etf prices and determine the direction of ACE 10Y KTB's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading.
ACE
ACE 10Y KTB has current Day Typical Price of 93950.0. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On December 02 2024 ACE 10Y KTB was traded for 94,035 at the closing time. The highest price during the trading period was 94,070 and the lowest recorded bid was listed for 93,745 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not affect price variability. The overall trading delta to the current price is 0.01% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
For every potential investor in ACE, whether a beginner or expert, ACE 10Y's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ACE Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ACE. Basic forecasting techniques help filter out the noise by identifying ACE 10Y's price trends.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ACE 10Y etf to make a market-neutral strategy. Peer analysis of ACE 10Y could also be used in its relative valuation, which is a method of valuing ACE 10Y by comparing valuation metrics with similar companies.
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ACE 10Y's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ACE 10Y's current price.
Market strength indicators help investors to evaluate how ACE 10Y etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ACE 10Y shares will generate the highest return on investment. By undertsting and applying ACE 10Y etf market strength indicators, traders can identify ACE 10Y KTB entry and exit signals to maximize returns.
The analysis of ACE 10Y's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ACE 10Y's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ace etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with ACE 10Y
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 ACE 10Y 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 ACE 10Y will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to ACE 10Y could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ACE 10Y 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 ACE 10Y - 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 ACE 10Y KTB to buy it.
The correlation of ACE 10Y 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 ACE 10Y moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ACE 10Y KTB 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 ACE 10Y 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.