Nex Point (Thailand) Cycle Indicators Hilbert Transform Dominant Cycle Period

NEX Stock  THB 0.78  0.07  9.86%   
Nex Point cycle indicators tool provides the execution environment for running the Hilbert Transform Dominant Cycle Period indicator and other technical functions against Nex Point. Nex Point 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 cycle indicators indicators. As with most other technical indicators, the Hilbert Transform Dominant Cycle Period indicator function is designed to identify and follow existing trends. Cycle Indicators are used by chartists in order to analyze variations of the instantaneous phase or amplitude of Nex Point price series.

Indicator
The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The Hilbert Transform - Dominant Cycle Period indicator is used to generate in-phase and quadrature components of Nex Point Public price series in order to analyze variations of the instantaneous cycles.

Nex Point Technical Analysis Modules

Most technical analysis of Nex Point 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 Nex from various momentum indicators to cycle indicators. When you analyze Nex 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 Nex Point 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 Nex Point Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nex Point Public based on widely used predictive technical indicators. In general, we focus on analyzing Nex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nex Point's daily price indicators and compare them against related drivers, such as cycle indicators 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 Nex Point's intrinsic value. In addition to deriving basic predictive indicators for Nex Point, we also check how macroeconomic factors affect Nex Point price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.040.7889.78
Details
Intrinsic
Valuation
LowRealHigh
0.040.7589.75
Details
Naive
Forecast
LowNextHigh
0.020.75127.71
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.580.871.16
Details

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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.

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Nex Point Public 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 Nex Point 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 Nex Point will appreciate offsetting losses from the drop in the long position's value.

Nex Point Pair Trading

Nex Point Public Pair Trading Analysis

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

Other Information on Investing in Nex Stock

Nex Point financial ratios help investors to determine whether Nex 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 Nex with respect to the benefits of owning Nex Point security.