Octopus Apollo (UK) Momentum Indicators Plus Directional Indicator
| OAP3 Stock | 46.10 0.40 0.86% |
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The output start index for this execution was ten with a total number of output elements of fifty-one. The Plus Directional Indicator describes the rate of positive changes that contributes to the overall Octopus Apollo VCT price trend.
Octopus Apollo Technical Analysis Modules
Most technical analysis of Octopus Apollo 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 Octopus from various momentum indicators to cycle indicators. When you analyze Octopus 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 Octopus Apollo 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 Octopus Apollo VCT. We use our internally-developed statistical techniques to arrive at the intrinsic value of Octopus Apollo VCT based on widely used predictive technical indicators. In general, we focus on analyzing Octopus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Octopus Apollo'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 Octopus Apollo's intrinsic value. In addition to deriving basic predictive indicators for Octopus Apollo, we also check how macroeconomic factors affect Octopus Apollo price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Octopus Apollo VCT 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 Octopus Apollo 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 Octopus Apollo will appreciate offsetting losses from the drop in the long position's value.Octopus Apollo Pair Trading
Octopus Apollo VCT Pair Trading Analysis
The ability to find closely correlated positions to Octopus Apollo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Octopus Apollo 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 Octopus Apollo - 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 Octopus Apollo VCT to buy it.
The correlation of Octopus Apollo 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 Octopus Apollo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Octopus Apollo VCT 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 Octopus Apollo 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 Octopus Stock Analysis
When running Octopus Apollo's price analysis, check to measure Octopus Apollo'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 Octopus Apollo is operating at the current time. Most of Octopus Apollo's value examination focuses on studying past and present price action to predict the probability of Octopus Apollo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Octopus Apollo's price. Additionally, you may evaluate how the addition of Octopus Apollo to your portfolios can decrease your overall portfolio volatility.