Utilities Ultrasector Profund Fund Math Transform Inverse Tangent Over Price Movement

UTPIX Fund  USD 79.20  0.03  0.04%   
Utilities Ultrasector math transform tool provides the execution environment for running the Inverse Tangent Over Price Movement transformation and other technical functions against Utilities Ultrasector. Utilities Ultrasector 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 Utilities Ultrasector can be made when Utilities Ultrasector 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. Utilities Ultrasector Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Utilities Ultrasector price patterns.

Utilities Ultrasector Technical Analysis Modules

Most technical analysis of Utilities Ultrasector 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 Utilities from various momentum indicators to cycle indicators. When you analyze Utilities 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 Utilities Ultrasector 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 Utilities Ultrasector Profund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Utilities Ultrasector Profund based on widely used predictive technical indicators. In general, we focus on analyzing Utilities Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Utilities Ultrasector'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 Utilities Ultrasector's intrinsic value. In addition to deriving basic predictive indicators for Utilities Ultrasector, we also check how macroeconomic factors affect Utilities Ultrasector price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
77.5879.2080.82
Details
Intrinsic
Valuation
LowRealHigh
76.7978.4180.03
Details
Naive
Forecast
LowNextHigh
80.3781.9983.61
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
71.3175.6479.98
Details

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Utilities Ultrasector 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 Utilities Ultrasector 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 Utilities Ultrasector will appreciate offsetting losses from the drop in the long position's value.

Utilities Ultrasector Pair Trading

Utilities Ultrasector Profund Pair Trading Analysis

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

Utilities Ultrasector financial ratios help investors to determine whether Utilities 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 Utilities with respect to the benefits of owning Utilities Ultrasector security.
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