Wisdom Marine (Taiwan) Math Operators Price Series Subtraction

2637 Stock  TWD 74.50  0.60  0.80%   
Wisdom Marine math operators tool provides the execution environment for running the Price Series Subtraction operator and other technical functions against Wisdom Marine. Wisdom Marine 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 Subtraction 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 Wisdom Marine.

Operator
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was zero with a total number of output elements of sixty-one. Wisdom Marine Lines Price Series Subtraction is a subtraction of Wisdom Marine price series from its benchmark/peer..

Wisdom Marine Technical Analysis Modules

Most technical analysis of Wisdom Marine 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 Wisdom from various momentum indicators to cycle indicators. When you analyze Wisdom 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 Wisdom Marine 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 Wisdom Marine Lines. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wisdom Marine Lines based on widely used predictive technical indicators. In general, we focus on analyzing Wisdom Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wisdom Marine'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 Wisdom Marine's intrinsic value. In addition to deriving basic predictive indicators for Wisdom Marine, we also check how macroeconomic factors affect Wisdom Marine price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
72.3274.5076.68
Details
Intrinsic
Valuation
LowRealHigh
59.6761.8481.95
Details

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Wisdom Marine Lines 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 Wisdom Marine 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 Wisdom Marine will appreciate offsetting losses from the drop in the long position's value.

Wisdom Marine Pair Trading

Wisdom Marine Lines Pair Trading Analysis

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

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