Ao World (UK) Statistic Functions Beta
| AO Stock | 106.80 1.60 1.48% |
| Symbol |
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Ao World correlated with the market. If Beta is less than 0 Ao World generally moves in the opposite direction as compared to the market. If Ao World Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ao World is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ao World is generally in the same direction as the market. If Beta > 1 Ao World moves generally in the same direction as, but more than the movement of the benchmark.
Ao World Technical Analysis Modules
Most technical analysis of Ao World 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 Ao World from various momentum indicators to cycle indicators. When you analyze Ao World 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Ao World 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 Ao World. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ao World based on widely used predictive technical indicators. In general, we focus on analyzing Ao World Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ao World'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 Ao World's intrinsic value. In addition to deriving basic predictive indicators for Ao World, we also check how macroeconomic factors affect Ao World price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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 Insider Screener Now
Insider ScreenerFind insiders across different sectors to evaluate their impact on performance |
| All Next | Launch Module |
Ao World 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 Ao World 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 Ao World will appreciate offsetting losses from the drop in the long position's value.Ao World Pair Trading
Ao World Pair Trading Analysis
The ability to find closely correlated positions to Ao World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ao World 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 Ao World - 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 Ao World to buy it.
The correlation of Ao World 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 Ao World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ao World 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 Ao World 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.Other Information on Investing in Ao World Stock
Ao World financial ratios help investors to determine whether Ao World 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 Ao World with respect to the benefits of owning Ao World security.