Humpuss Intermoda (Indonesia) Momentum Indicators Plus Directional Movement

HITS Stock  IDR 426.00  10.00  2.40%   
Humpuss Intermoda momentum indicators tool provides the execution environment for running the Plus Directional Movement indicator and other technical functions against Humpuss Intermoda. Humpuss Intermoda 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 Plus Directional Movement indicator function is designed to identify and follow existing trends. Momentum indicators of Humpuss Intermoda are pattern recognition functions that provide distinct formation on Humpuss Intermoda 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 nine with a total number of output elements of fifty-two. The Plus Directional Movement indicator shows the difference between two consecutive highs of Humpuss Intermoda price series.

Humpuss Intermoda Technical Analysis Modules

Most technical analysis of Humpuss Intermoda 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 Humpuss from various momentum indicators to cycle indicators. When you analyze Humpuss 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 Humpuss Intermoda 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 Humpuss Intermoda Transportasi. We use our internally-developed statistical techniques to arrive at the intrinsic value of Humpuss Intermoda Transportasi based on widely used predictive technical indicators. In general, we focus on analyzing Humpuss Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Humpuss Intermoda'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 Humpuss Intermoda's intrinsic value. In addition to deriving basic predictive indicators for Humpuss Intermoda, we also check how macroeconomic factors affect Humpuss Intermoda price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
422.34426.00429.66
Details
Intrinsic
Valuation
LowRealHigh
385.84389.50468.60
Details
Naive
Forecast
LowNextHigh
403.22406.88410.54
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
384.20405.00425.80
Details

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Humpuss Intermoda 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 Humpuss Intermoda 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 Humpuss Intermoda will appreciate offsetting losses from the drop in the long position's value.

Humpuss Intermoda Pair Trading

Humpuss Intermoda Transportasi Pair Trading Analysis

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

Humpuss Intermoda financial ratios help investors to determine whether Humpuss 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 Humpuss with respect to the benefits of owning Humpuss Intermoda security.