Erbud SA (Poland) Momentum Indicators Rate of change
ERB Stock | 32.80 0.60 1.80% |
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Rate of change : ((price/prevPrice)-1)*100 indicator measures the change in Erbud SA price from one period to the next.
Erbud SA Technical Analysis Modules
Most technical analysis of Erbud SA 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 Erbud from various momentum indicators to cycle indicators. When you analyze Erbud 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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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
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Erbud 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 Erbud SA 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 Erbud SA will appreciate offsetting losses from the drop in the long position's value.Erbud SA Pair Trading
Erbud SA Pair Trading Analysis
The ability to find closely correlated positions to Erbud SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Erbud SA 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 Erbud SA - 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 Erbud SA to buy it.
The correlation of Erbud SA 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 Erbud SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Erbud 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 Erbud SA 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 Erbud Stock Analysis
When running Erbud SA's price analysis, check to measure Erbud SA'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 Erbud SA is operating at the current time. Most of Erbud SA's value examination focuses on studying past and present price action to predict the probability of Erbud SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erbud SA's price. Additionally, you may evaluate how the addition of Erbud SA to your portfolios can decrease your overall portfolio volatility.