Northern Income Equity Fund Math Transform Tangent Of Price Series

NOIEX Fund  USD 17.92  0.10  0.56%   
Northern Income math transform tool provides the execution environment for running the Tangent Of Price Series transformation and other technical functions against Northern Income. Northern Income 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 Tangent Of Price Series 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 Northern Income can be made when Northern Income 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. Northern Income Tangent Of Price Series is a trigonometric price transformation method

Northern Income Technical Analysis Modules

Most technical analysis of Northern Income 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 Northern from various momentum indicators to cycle indicators. When you analyze Northern 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 Northern Income 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 Northern Income Equity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Northern Income Equity based on widely used predictive technical indicators. In general, we focus on analyzing Northern Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Northern Income'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 Northern Income's intrinsic value. In addition to deriving basic predictive indicators for Northern Income, we also check how macroeconomic factors affect Northern Income price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northern Income's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
17.2817.9218.56
Details
Intrinsic
Valuation
LowRealHigh
17.0717.7118.35
Details
Naive
Forecast
LowNextHigh
17.3718.0018.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.3417.6818.01
Details

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Northern Income Equity 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 Northern Income 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 Northern Income will appreciate offsetting losses from the drop in the long position's value.

Northern Income Pair Trading

Northern Income Equity Pair Trading Analysis

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

Northern Income financial ratios help investors to determine whether Northern Mutual Fund 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 Northern with respect to the benefits of owning Northern Income security.
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