Guangdong Advertising (China) Overlap Studies All Moving Average

002400 Stock   8.54  0.56  7.02%   
Guangdong Advertising overlap studies tool provides the execution environment for running the All Moving Average study and other technical functions against Guangdong Advertising. Guangdong Advertising 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 overlap studies indicators. As with most other technical indicators, the All Moving Average study function is designed to identify and follow existing trends. Guangdong Advertising overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period and MA Type to execute this module.

The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Moving Average is predictive technique used to analyze Guangdong Advertising price data points by creating a series of averages of different subsets of Guangdong Advertising entire price series.

Guangdong Advertising Technical Analysis Modules

Most technical analysis of Guangdong Advertising 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 Guangdong from various momentum indicators to cycle indicators. When you analyze Guangdong 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 Guangdong Advertising 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 Guangdong Advertising Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Guangdong Advertising Co based on widely used predictive technical indicators. In general, we focus on analyzing Guangdong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Guangdong Advertising's daily price indicators and compare them against related drivers, such as overlap studies 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 Guangdong Advertising's intrinsic value. In addition to deriving basic predictive indicators for Guangdong Advertising, we also check how macroeconomic factors affect Guangdong Advertising price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
4.639.0813.53
Details
Intrinsic
Valuation
LowRealHigh
3.247.6912.14
Details
Naive
Forecast
LowNextHigh
3.778.2312.68
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

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Guangdong Advertising 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 Guangdong Advertising 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 Guangdong Advertising will appreciate offsetting losses from the drop in the long position's value.

Guangdong Advertising Pair Trading

Guangdong Advertising Co Pair Trading Analysis

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

Guangdong Advertising financial ratios help investors to determine whether Guangdong 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 Guangdong with respect to the benefits of owning Guangdong Advertising security.