Central Industries (Sri Lanka) Momentum Indicators Moving Average Convergence Divergence Fix

CINDN0000  LKR 116.00  0.75  0.65%   
Central Industries momentum indicators tool provides the execution environment for running the Moving Average Convergence Divergence Fix indicator and other technical functions against Central Industries. Central Industries 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 Moving Average Convergence Divergence Fix indicator function is designed to identify and follow existing trends. Momentum indicators of Central Industries are pattern recognition functions that provide distinct formation on Central Industries 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 Signal Period to run this model.

The output start index for this execution was thirty-three with a total number of output elements of twenty-eight. Moving Average Convergence/Divergence Fix 12/26 is a momentum indicator with predefined input that shows the relationship between Central Industries PLC price series and benchmark.

Central Industries Technical Analysis Modules

Most technical analysis of Central Industries 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 Central from various momentum indicators to cycle indicators. When you analyze Central 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 Central Industries 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 Central Industries PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Central Industries PLC based on widely used predictive technical indicators. In general, we focus on analyzing Central Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Central Industries'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 Central Industries's intrinsic value. In addition to deriving basic predictive indicators for Central Industries, we also check how macroeconomic factors affect Central Industries price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
113.64116.00118.36
Details
Intrinsic
Valuation
LowRealHigh
108.84111.20127.60
Details
Naive
Forecast
LowNextHigh
110.80113.16115.52
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
113.00115.00117.00
Details

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Technical Analysis

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Central Industries PLC 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 Central Industries 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 Central Industries will appreciate offsetting losses from the drop in the long position's value.

Central Industries Pair Trading

Central Industries PLC Pair Trading Analysis

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

Central Industries financial ratios help investors to determine whether Central Stock 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 Central with respect to the benefits of owning Central Industries security.