Sunny Electronics (Korea) Math Operators Price Series Division

004770 Stock   1,610  15.00  0.92%   
Sunny Electronics math operators tool provides the execution environment for running the Price Series Division operator and other technical functions against Sunny Electronics. Sunny Electronics 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 Price Series Division 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 Sunny Electronics.

Operator
The output start index for this execution was zero with a total number of output elements of sixty-one. Sunny Electronics Corp Price Series Division is a division of Sunny Electronics price series and its benchmark/peer.

Sunny Electronics Technical Analysis Modules

Most technical analysis of Sunny Electronics 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 Sunny from various momentum indicators to cycle indicators. When you analyze Sunny 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 Sunny Electronics 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 Sunny Electronics Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sunny Electronics Corp based on widely used predictive technical indicators. In general, we focus on analyzing Sunny Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sunny Electronics'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 Sunny Electronics's intrinsic value. In addition to deriving basic predictive indicators for Sunny Electronics, we also check how macroeconomic factors affect Sunny Electronics price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
1,6091,6101,611
Details
Intrinsic
Valuation
LowRealHigh
1,5881,5901,771
Details
Naive
Forecast
LowNextHigh
1,6181,6201,621
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,5531,6031,653
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sunny Electronics. Your research has to be compared to or analyzed against Sunny Electronics' peers to derive any actionable benefits. When done correctly, Sunny Electronics' 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 Sunny Electronics Corp.

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.

Did you try this?

Run Idea Breakdown Now

   

Idea Breakdown

Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
All  Next Launch Module

Sunny Electronics Corp 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 Sunny Electronics 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 Sunny Electronics will appreciate offsetting losses from the drop in the long position's value.

Sunny Electronics Pair Trading

Sunny Electronics Corp Pair Trading Analysis

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

Sunny Electronics financial ratios help investors to determine whether Sunny 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 Sunny with respect to the benefits of owning Sunny Electronics security.