Cornercap Small Cap Value Fund Momentum Indicators Average Directional Movement Index

CSCVX Fund  USD 16.43  0.03  0.18%   
Cornercap Small momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Cornercap Small. Cornercap Small 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 momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Cornercap Small are pattern recognition functions that provide distinct formation on Cornercap Small potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was fourty-seven with a total number of output elements of fourteen. The average directional index (ADX) measures the strength of a prevailing trend of Cornercap Small Cap and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Cornercap Small 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

Cornercap Small Technical Analysis Modules

Most technical analysis of Cornercap Small 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 Cornercap from various momentum indicators to cycle indicators. When you analyze Cornercap 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 Cornercap Small 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 Cornercap Small Cap Value. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cornercap Small Cap Value based on widely used predictive technical indicators. In general, we focus on analyzing Cornercap Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cornercap Small'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 Cornercap Small's intrinsic value. In addition to deriving basic predictive indicators for Cornercap Small, we also check how macroeconomic factors affect Cornercap Small 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 Cornercap Small'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
0.000.001.13
Details
Intrinsic
Valuation
LowRealHigh
0.101.953.08
Details
Naive
Forecast
LowNextHigh
15.2416.3717.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.0615.9816.90
Details

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Cornercap Small Cap 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 Cornercap Small 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 Cornercap Small will appreciate offsetting losses from the drop in the long position's value.

Cornercap Small Pair Trading

Cornercap Small Cap Value Pair Trading Analysis

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

Cornercap Small financial ratios help investors to determine whether Cornercap 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 Cornercap with respect to the benefits of owning Cornercap Small security.
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