Westaim Corp Stock Math Transform Inverse Tangent Over Price Movement

WED Stock  CAD 4.93  0.01  0.20%   
Westaim Corp math transform tool provides the execution environment for running the Inverse Tangent Over Price Movement transformation and other technical functions against Westaim Corp. Westaim Corp 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 math transform indicators. As with most other technical indicators, the Inverse Tangent Over Price Movement transformation function is designed to identify and follow existing trends. Analysts that use price transformation techniques rely on the belief that biggest profits from investing in Westaim Corp can be made when Westaim Corp shifts in price trends from positive to negative or vice versa.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Westaim Corp Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Westaim Corp price patterns.

Westaim Corp Technical Analysis Modules

Most technical analysis of Westaim Corp 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 Westaim from various momentum indicators to cycle indicators. When you analyze Westaim 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 Westaim Corp 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 Westaim Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Westaim Corp based on widely used predictive technical indicators. In general, we focus on analyzing Westaim Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Westaim Corp's daily price indicators and compare them against related drivers, such as math transform 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 Westaim Corp's intrinsic value. In addition to deriving basic predictive indicators for Westaim Corp, we also check how macroeconomic factors affect Westaim Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2020 2021 2024 (projected)
PB Ratio0.870.811.41
Capex To Depreciation0.220.0690.0753
Hype
Prediction
LowEstimatedHigh
2.334.937.53
Details
Intrinsic
Valuation
LowRealHigh
2.945.548.14
Details
Naive
Forecast
LowNextHigh
2.495.097.68
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.020.020.02
Details

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Westaim Corp 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 Westaim Corp 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 Westaim Corp will appreciate offsetting losses from the drop in the long position's value.

Westaim Corp Pair Trading

Westaim Corp Pair Trading Analysis

Additional Tools for Westaim Stock Analysis

When running Westaim Corp's price analysis, check to measure Westaim Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westaim Corp is operating at the current time. Most of Westaim Corp's value examination focuses on studying past and present price action to predict the probability of Westaim Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westaim Corp's price. Additionally, you may evaluate how the addition of Westaim Corp to your portfolios can decrease your overall portfolio volatility.