Song Hong (Vietnam) Math Transform Inverse Tangent Over Price Movement

NSH Stock   4,600  200.00  4.17%   
Song Hong math transform tool provides the execution environment for running the Inverse Tangent Over Price Movement transformation and other technical functions against Song Hong. Song Hong 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 Song Hong can be made when Song Hong 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. Song Hong Aluminum Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Song Hong price patterns.

Song Hong Technical Analysis Modules

Most technical analysis of Song Hong 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 Song from various momentum indicators to cycle indicators. When you analyze Song 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 Song Hong 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 Song Hong Aluminum. We use our internally-developed statistical techniques to arrive at the intrinsic value of Song Hong Aluminum based on widely used predictive technical indicators. In general, we focus on analyzing Song Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Song Hong'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 Song Hong's intrinsic value. In addition to deriving basic predictive indicators for Song Hong, we also check how macroeconomic factors affect Song Hong price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
4,5974,6004,603
Details
Intrinsic
Valuation
LowRealHigh
4,0294,0325,060
Details

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Song Hong Aluminum 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 Song Hong 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 Song Hong will appreciate offsetting losses from the drop in the long position's value.

Song Hong Pair Trading

Song Hong Aluminum Pair Trading Analysis

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

Song Hong financial ratios help investors to determine whether Song 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 Song with respect to the benefits of owning Song Hong security.