CEMEXCPO(2SHS A+1SHS (Germany) Statistic Functions Beta
| CEXB Stock | EUR 1.06 0.01 0.95% |
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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 CEMEXCPO(2SHS A+1SHS correlated with the market. If Beta is less than 0 CEMEXCPO(2SHS A+1SHS generally moves in the opposite direction as compared to the market. If CEMEXCPO(2SHS A+1SHS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CEMEXCPO(2SHS A+1SHS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CEMEXCPO(2SHS A+1SHS is generally in the same direction as the market. If Beta > 1 CEMEXCPO(2SHS A+1SHS moves generally in the same direction as, but more than the movement of the benchmark.
CEMEXCPO(2SHS A+1SHS Technical Analysis Modules
Most technical analysis of CEMEXCPO(2SHS A+1SHS 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 CEMEXCPO(2SHS from various momentum indicators to cycle indicators. When you analyze CEMEXCPO(2SHS 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 | ||
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About CEMEXCPO(2SHS A+1SHS 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 CEMEXCPO. We use our internally-developed statistical techniques to arrive at the intrinsic value of CEMEXCPO based on widely used predictive technical indicators. In general, we focus on analyzing CEMEXCPO(2SHS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CEMEXCPO(2SHS A+1SHS'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 CEMEXCPO(2SHS A+1SHS's intrinsic value. In addition to deriving basic predictive indicators for CEMEXCPO(2SHS A+1SHS, we also check how macroeconomic factors affect CEMEXCPO(2SHS A+1SHS price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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CEMEXCPO(2SHS A+1SHS 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 CEMEXCPO(2SHS A+1SHS 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 CEMEXCPO(2SHS A+1SHS will appreciate offsetting losses from the drop in the long position's value.CEMEXCPO(2SHS A+1SHS Pair Trading
CEMEXCPO Pair Trading Analysis
The ability to find closely correlated positions to CEMEXCPO(2SHS A+1SHS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CEMEXCPO(2SHS A+1SHS 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 CEMEXCPO(2SHS A+1SHS - 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 CEMEXCPO to buy it.
The correlation of CEMEXCPO(2SHS A+1SHS 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 CEMEXCPO(2SHS A+1SHS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CEMEXCPO(2SHS A+1SHS 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 CEMEXCPO(2SHS A+1SHS 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 CEMEXCPO(2SHS Stock
CEMEXCPO(2SHS A+1SHS financial ratios help investors to determine whether CEMEXCPO(2SHS 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 CEMEXCPO(2SHS with respect to the benefits of owning CEMEXCPO(2SHS A+1SHS security.