Dynamic Precision (Taiwan) Momentum Indicators Average Directional Movement Index
8928 Stock | TWD 32.10 0.20 0.63% |
Symbol |
The output start index for this execution was five with a total number of output elements of fifty-six. The average directional index (ADX) measures the strength of a prevailing trend of Dynamic Precision and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Dynamic Precision ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator
Dynamic Precision Technical Analysis Modules
Most technical analysis of Dynamic Precision 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 Dynamic from various momentum indicators to cycle indicators. When you analyze Dynamic 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 | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About Dynamic Precision 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 Dynamic Precision Industry. We use our internally-developed statistical techniques to arrive at the intrinsic value of Dynamic Precision Industry based on widely used predictive technical indicators. In general, we focus on analyzing Dynamic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Dynamic Precision'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 Dynamic Precision's intrinsic value. In addition to deriving basic predictive indicators for Dynamic Precision, we also check how macroeconomic factors affect Dynamic Precision price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Learn to be your own money manager
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.Did you try this?
Run Bond Analysis Now
Bond AnalysisEvaluate and analyze corporate bonds as a potential investment for your portfolios. |
All Next | Launch Module |
Dynamic Precision 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 Dynamic Precision 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 Dynamic Precision will appreciate offsetting losses from the drop in the long position's value.Dynamic Precision Pair Trading
Dynamic Precision Industry Pair Trading Analysis
The ability to find closely correlated positions to Dynamic Precision could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dynamic Precision 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 Dynamic Precision - 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 Dynamic Precision Industry to buy it.
The correlation of Dynamic Precision 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 Dynamic Precision moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dynamic Precision 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 Dynamic Precision 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 Dynamic Stock Analysis
When running Dynamic Precision's price analysis, check to measure Dynamic Precision'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 Dynamic Precision is operating at the current time. Most of Dynamic Precision's value examination focuses on studying past and present price action to predict the probability of Dynamic Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynamic Precision's price. Additionally, you may evaluate how the addition of Dynamic Precision to your portfolios can decrease your overall portfolio volatility.