People Technology (Korea) Math Transform Inverse Tangent Over Price Movement

137400 Stock   46,400  1,600  3.57%   
People Technology math transform tool provides the execution environment for running the Inverse Tangent Over Price Movement transformation and other technical functions against People Technology. People 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 transform indicators. As with most other technical indicators, the Inverse Tangent Over Price Movement transformation function is designed to identify and follow existing trends. Analysts that use price transformation techniques rely on the belief that biggest profits from investing in People Technology can be made when People Technology shifts in price trends from positive to negative or vice versa.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. People Technology Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe People Technology price patterns.

People Technology Technical Analysis Modules

Most technical analysis of People 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 People from various momentum indicators to cycle indicators. When you analyze People 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 People 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 People Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of People Technology based on widely used predictive technical indicators. In general, we focus on analyzing People Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build People Technology's daily price indicators and compare them against related drivers, such as math transform 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 People Technology's intrinsic value. In addition to deriving basic predictive indicators for People Technology, we also check how macroeconomic factors affect People Technology price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
46,39746,40046,403
Details
Intrinsic
Valuation
LowRealHigh
41,10441,10851,040
Details
Naive
Forecast
LowNextHigh
46,42046,42346,427
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
41,24151,64762,053
Details

Learn to be your own money manager

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.

Did you try this?

Run Equity Analysis Now

   

Equity Analysis

Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
All  Next Launch Module

People Technology 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 People 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 People Technology will appreciate offsetting losses from the drop in the long position's value.

People Technology Pair Trading

People Technology Pair Trading Analysis

The ability to find closely correlated positions to People 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 People 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 People 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 People Technology to buy it.
The correlation of People 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 People Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if People Technology 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 People 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

Other Information on Investing in People Stock

People Technology financial ratios help investors to determine whether People 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 People with respect to the benefits of owning People Technology security.