Play2Chill (Poland) Momentum Indicators Minus Directional Movement
P2C Stock | 3.95 0.05 1.28% |
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The output start index for this execution was two with a total number of output elements of fifty-nine. The Minus Directional Movement indicator shows the difference between two consecutive lows of Play2Chill SA price series.
Play2Chill Technical Analysis Modules
Most technical analysis of Play2Chill 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 Play2Chill from various momentum indicators to cycle indicators. When you analyze Play2Chill 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 Play2Chill 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 Play2Chill SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Play2Chill SA based on widely used predictive technical indicators. In general, we focus on analyzing Play2Chill Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Play2Chill'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 Play2Chill's intrinsic value. In addition to deriving basic predictive indicators for Play2Chill, we also check how macroeconomic factors affect Play2Chill 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 Play2Chill'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.
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Play2Chill SA 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 Play2Chill 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 Play2Chill will appreciate offsetting losses from the drop in the long position's value.Play2Chill Pair Trading
Play2Chill SA Pair Trading Analysis
The ability to find closely correlated positions to Play2Chill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Play2Chill 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 Play2Chill - 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 Play2Chill SA to buy it.
The correlation of Play2Chill 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 Play2Chill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Play2Chill SA 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 Play2Chill 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 Play2Chill Stock Analysis
When running Play2Chill's price analysis, check to measure Play2Chill'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 Play2Chill is operating at the current time. Most of Play2Chill's value examination focuses on studying past and present price action to predict the probability of Play2Chill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Play2Chill's price. Additionally, you may evaluate how the addition of Play2Chill to your portfolios can decrease your overall portfolio volatility.