Sonova Holding Ag Stock Math Operators Price Series Division

SONVY Stock  USD 68.90  0.85  1.22%   
Sonova Holding math operators tool provides the execution environment for running the Price Series Division operator and other technical functions against Sonova Holding. Sonova Holding 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 Sonova Holding.

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

Sonova Holding Technical Analysis Modules

Most technical analysis of Sonova Holding 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 Sonova from various momentum indicators to cycle indicators. When you analyze Sonova 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 Sonova Holding 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 Sonova Holding AG. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sonova Holding AG based on widely used predictive technical indicators. In general, we focus on analyzing Sonova Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sonova Holding'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 Sonova Holding's intrinsic value. In addition to deriving basic predictive indicators for Sonova Holding, we also check how macroeconomic factors affect Sonova Holding price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sonova Holding's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
67.2868.9070.52
Details
Intrinsic
Valuation
LowRealHigh
62.0170.8472.46
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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Sonova Holding AG 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 Sonova Holding 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 Sonova Holding will appreciate offsetting losses from the drop in the long position's value.

Sonova Holding Pair Trading

Sonova Holding AG Pair Trading Analysis

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

Additional Tools for Sonova Pink Sheet Analysis

When running Sonova Holding's price analysis, check to measure Sonova Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sonova Holding is operating at the current time. Most of Sonova Holding's value examination focuses on studying past and present price action to predict the probability of Sonova Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonova Holding's price. Additionally, you may evaluate how the addition of Sonova Holding to your portfolios can decrease your overall portfolio volatility.