Shuhua Sports (China) Math Operators Indexes of lowest and highest values

605299 Stock   7.65  0.33  4.14%   
Shuhua Sports math operators tool provides the execution environment for running the Indexes of lowest and highest values operator and other technical functions against Shuhua Sports. Shuhua Sports 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 math operators indicators. As with most other technical indicators, the Indexes of lowest and highest values operator function is designed to identify and follow existing trends. Math Operators module provides interface to determine different price movement patterns of similar pairs of equity instruments such as null and Shuhua Sports. Please specify Time Period to run this model.

The output start index for this execution was two with a total number of output elements of fifty-nine. The Indexes of lowest and highest values over a specified period line shows minimum and maximum index of Shuhua Sports price series.

Shuhua Sports Technical Analysis Modules

Most technical analysis of Shuhua Sports 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 Shuhua from various momentum indicators to cycle indicators. When you analyze Shuhua 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 Shuhua Sports 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 Shuhua Sports Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shuhua Sports Co based on widely used predictive technical indicators. In general, we focus on analyzing Shuhua Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shuhua Sports'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 Shuhua Sports's intrinsic value. In addition to deriving basic predictive indicators for Shuhua Sports, we also check how macroeconomic factors affect Shuhua Sports price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
5.127.6310.14
Details
Intrinsic
Valuation
LowRealHigh
3.806.318.82
Details
Naive
Forecast
LowNextHigh
5.347.8510.36
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.127.638.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shuhua Sports. Your research has to be compared to or analyzed against Shuhua Sports' peers to derive any actionable benefits. When done correctly, Shuhua Sports' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Shuhua Sports.

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.

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Bollinger Bands

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Shuhua Sports 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 Shuhua Sports 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 Shuhua Sports will appreciate offsetting losses from the drop in the long position's value.

Shuhua Sports Pair Trading

Shuhua Sports Co Pair Trading Analysis

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

Shuhua Sports financial ratios help investors to determine whether Shuhua 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 Shuhua with respect to the benefits of owning Shuhua Sports security.