Optimax Technology (Taiwan) Math Operators Price Series Multiplication

3051 Stock  TWD 31.60  0.40  1.25%   
Optimax Technology math operators tool provides the execution environment for running the Price Series Multiplication operator and other technical functions against Optimax Technology. Optimax Technology 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 Multiplication 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 Optimax Technology.

Operator
The output start index for this execution was zero with a total number of output elements of sixty-one. Optimax Technology Corp Price Series Multiplication is a cross multiplication of Optimax Technology price series and its benchmark/peer.

Optimax Technology Technical Analysis Modules

Most technical analysis of Optimax Technology 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 Optimax from various momentum indicators to cycle indicators. When you analyze Optimax 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 Optimax Technology 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 Optimax Technology Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Optimax Technology Corp based on widely used predictive technical indicators. In general, we focus on analyzing Optimax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Optimax Technology'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 Optimax Technology's intrinsic value. In addition to deriving basic predictive indicators for Optimax Technology, we also check how macroeconomic factors affect Optimax Technology price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
29.4431.6033.76
Details
Intrinsic
Valuation
LowRealHigh
24.1626.3234.76
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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Optimax Technology 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 Optimax Technology 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 Optimax Technology will appreciate offsetting losses from the drop in the long position's value.

Optimax Technology Pair Trading

Optimax Technology Corp Pair Trading Analysis

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

When running Optimax Technology's price analysis, check to measure Optimax Technology'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 Optimax Technology is operating at the current time. Most of Optimax Technology's value examination focuses on studying past and present price action to predict the probability of Optimax Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optimax Technology's price. Additionally, you may evaluate how the addition of Optimax Technology to your portfolios can decrease your overall portfolio volatility.