Eureka Design (Thailand) Math Transform Inverse Tangent Over Price Movement

UREKA Stock  THB 0.52  0.03  6.12%   
Eureka Design math transform tool provides the execution environment for running the Inverse Tangent Over Price Movement transformation and other technical functions against Eureka Design. Eureka Design 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 Eureka Design can be made when Eureka Design 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. Eureka Design Public Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Eureka Design price patterns.

Eureka Design Technical Analysis Modules

Most technical analysis of Eureka Design 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 Eureka from various momentum indicators to cycle indicators. When you analyze Eureka 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 Eureka Design 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 Eureka Design Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eureka Design Public based on widely used predictive technical indicators. In general, we focus on analyzing Eureka Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eureka Design'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 Eureka Design's intrinsic value. In addition to deriving basic predictive indicators for Eureka Design, we also check how macroeconomic factors affect Eureka Design price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.030.523.24
Details
Intrinsic
Valuation
LowRealHigh
0.020.443.16
Details
Naive
Forecast
LowNextHigh
0.010.513.23
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.480.510.54
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Eureka Design. Your research has to be compared to or analyzed against Eureka Design's peers to derive any actionable benefits. When done correctly, Eureka Design's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Eureka Design Public.

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.

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Eureka Design Public 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 Eureka Design 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 Eureka Design will appreciate offsetting losses from the drop in the long position's value.

Eureka Design Pair Trading

Eureka Design Public Pair Trading Analysis

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

Eureka Design financial ratios help investors to determine whether Eureka 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 Eureka with respect to the benefits of owning Eureka Design security.