Excelsior Mining Corp Stock Math Operators Price Series Multiplication

MIN Stock  CAD 0.18  0.01  5.88%   
Excelsior Mining math operators tool provides the execution environment for running the Price Series Multiplication operator and other technical functions against Excelsior Mining. Excelsior Mining 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 and RTG Mining. Math Operators module provides interface to determine different price movement patterns of similar pairs of equity instruments such as RTG Mining and Excelsior Mining.

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

Excelsior Mining Technical Analysis Modules

Most technical analysis of Excelsior Mining 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 Excelsior from various momentum indicators to cycle indicators. When you analyze Excelsior 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 Excelsior Mining 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 Excelsior Mining Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Excelsior Mining Corp based on widely used predictive technical indicators. In general, we focus on analyzing Excelsior Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Excelsior Mining'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 Excelsior Mining's intrinsic value. In addition to deriving basic predictive indicators for Excelsior Mining, we also check how macroeconomic factors affect Excelsior Mining price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Net Current Asset Value410.9K431.5K
Days Payables Outstanding26.8125.47
Hype
Prediction
LowEstimatedHigh
0.010.178.60
Details
Intrinsic
Valuation
LowRealHigh
0.010.148.57
Details
Naive
Forecast
LowNextHigh
00.178.60
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.170.180.19
Details

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Excelsior Mining 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 Excelsior Mining 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 Excelsior Mining will appreciate offsetting losses from the drop in the long position's value.

Excelsior Mining Pair Trading

Excelsior Mining Corp Pair Trading Analysis

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

Excelsior Mining financial ratios help investors to determine whether Excelsior 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 Excelsior with respect to the benefits of owning Excelsior Mining security.