Sumber Global (Indonesia) Cycle Indicators Hilbert Transform Dominant Cycle Period
SGER Stock | IDR 404.00 16.00 3.81% |
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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 Sumber Global Energy price series in order to analyze variations of the instantaneous cycles.
Sumber Global Technical Analysis Modules
Most technical analysis of Sumber Global 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 Sumber from various momentum indicators to cycle indicators. When you analyze Sumber 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 Sumber Global 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 Sumber Global Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sumber Global Energy based on widely used predictive technical indicators. In general, we focus on analyzing Sumber Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sumber Global'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 Sumber Global's intrinsic value. In addition to deriving basic predictive indicators for Sumber Global, we also check how macroeconomic factors affect Sumber Global price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Sumber Global Energy 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 Sumber Global 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 Sumber Global will appreciate offsetting losses from the drop in the long position's value.Sumber Global Pair Trading
Sumber Global Energy Pair Trading Analysis
The ability to find closely correlated positions to Sumber Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sumber Global 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 Sumber Global - 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 Sumber Global Energy to buy it.
The correlation of Sumber Global 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 Sumber Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sumber Global Energy 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 Sumber Global 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 Sumber Stock
Sumber Global financial ratios help investors to determine whether Sumber 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 Sumber with respect to the benefits of owning Sumber Global security.