Lite On (Taiwan) Momentum Indicators Absolute Price Oscillator
| 2301 Stock | TWD 106.00 1.00 0.93% |
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The output start index for this execution was twenty-five with a total number of output elements of thirty-six. Lite On Technology Absolute Price Oscillator shows the difference between two moving averages. A buy signal of Lite On is generate when the Price Oscillator rises above zero, and a sell signal when it falls below zero.
Lite On Technical Analysis Modules
Most technical analysis of Lite On 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 Lite from various momentum indicators to cycle indicators. When you analyze Lite 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.| Cycle Indicators | ||
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About Lite On 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 Lite On Technology Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lite On Technology Corp based on widely used predictive technical indicators. In general, we focus on analyzing Lite Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lite On's daily price indicators and compare them against related drivers, such as momentum indicators 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 Lite On's intrinsic value. In addition to deriving basic predictive indicators for Lite On, we also check how macroeconomic factors affect Lite On price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Lite On Technology 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 Lite On 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 Lite On will appreciate offsetting losses from the drop in the long position's value.Lite On Pair Trading
Lite On Technology Corp Pair Trading Analysis
The ability to find closely correlated positions to Lite On could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lite On 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 Lite On - 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 Lite On Technology Corp to buy it.
The correlation of Lite On 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 Lite On moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lite On Technology 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 Lite On 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.Additional Tools for Lite Stock Analysis
When running Lite On's price analysis, check to measure Lite On's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lite On is operating at the current time. Most of Lite On's value examination focuses on studying past and present price action to predict the probability of Lite On's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lite On's price. Additionally, you may evaluate how the addition of Lite On to your portfolios can decrease your overall portfolio volatility.