Compugroup Medical (Germany) Math Operators Index of highest value over a specified period
COP Stock | EUR 15.04 1.02 7.28% |
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The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Index of highest value over a specified period line plots maximum indexes of Compugroup Medical price series.
Compugroup Medical Technical Analysis Modules
Most technical analysis of Compugroup Medical 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 Compugroup from various momentum indicators to cycle indicators. When you analyze Compugroup 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 Compugroup Medical 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 Compugroup Medical SE. We use our internally-developed statistical techniques to arrive at the intrinsic value of Compugroup Medical SE based on widely used predictive technical indicators. In general, we focus on analyzing Compugroup Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Compugroup Medical's daily price indicators and compare them against related drivers, such as math operators 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 Compugroup Medical's intrinsic value. In addition to deriving basic predictive indicators for Compugroup Medical, we also check how macroeconomic factors affect Compugroup Medical price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Compugroup Medical 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 Compugroup Medical 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 Compugroup Medical will appreciate offsetting losses from the drop in the long position's value.Compugroup Medical Pair Trading
Compugroup Medical SE Pair Trading Analysis
The ability to find closely correlated positions to Compugroup Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compugroup Medical 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 Compugroup Medical - 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 Compugroup Medical SE to buy it.
The correlation of Compugroup Medical 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 Compugroup Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compugroup Medical 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 Compugroup Medical 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 Compugroup Stock
Compugroup Medical financial ratios help investors to determine whether Compugroup 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 Compugroup with respect to the benefits of owning Compugroup Medical security.