Toho Co (Germany) Math Operators Price Series Subtraction

TOH Stock  EUR 41.00  1.60  4.06%   
Toho Co math operators tool provides the execution environment for running the Price Series Subtraction operator and other technical functions against Toho Co. Toho Co 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 and MEDICAL FACILITIES NEW. Math Operators module provides interface to determine different price movement patterns of similar pairs of equity instruments such as MEDICAL FACILITIES NEW and Toho Co.

Operator
The output start index for this execution was zero with a total number of output elements of sixty-one. Toho Co Price Series Subtraction is a subtraction of Toho Co price series from its benchmark/peer..

Toho Co Technical Analysis Modules

Most technical analysis of Toho Co 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 Toho from various momentum indicators to cycle indicators. When you analyze Toho 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 Toho Co 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 Toho Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Toho Co based on widely used predictive technical indicators. In general, we focus on analyzing Toho Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Toho Co'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 Toho Co's intrinsic value. In addition to deriving basic predictive indicators for Toho Co, we also check how macroeconomic factors affect Toho Co price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
39.7041.0042.30
Details
Intrinsic
Valuation
LowRealHigh
36.9045.5946.89
Details

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Toho Co 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 Toho Co 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 Toho Co will appreciate offsetting losses from the drop in the long position's value.

Toho Co Pair Trading

Toho Co Pair Trading Analysis

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

Toho Co financial ratios help investors to determine whether Toho 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 Toho with respect to the benefits of owning Toho Co security.