LS Materials math transform tool provides the execution environment for running the Price Natural Logarithm transformation and other technical functions against LS Materials. LS Materials 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 Price Natural Logarithm 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 LS Materials can be made when LS Materials shifts in price trends from positive to negative or vice versa.
The output start index for this execution was zero with a total number of output elements of sixty-one. LS Materials Price Natural Logarithm is logarithm with base 'e' where e is equal to 2.718281828. It is applied on the entire LS Materials pricing series.
LS Materials Technical Analysis Modules
Most technical analysis of LS Materials 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 417200 from various momentum indicators to cycle indicators. When you analyze 417200 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.
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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Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
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 LS Materials 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 LS Materials will appreciate offsetting losses from the drop in the long position's value.
LS Materials Pair Trading
LS Materials Pair Trading Analysis
The ability to find closely correlated positions to LS Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LS Materials 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 LS Materials - 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 LS Materials to buy it.
The correlation of LS Materials 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 LS Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LS Materials 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 LS Materials 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.