Hansol Homedeco (Korea) Overlap Studies Double Exponential Moving Average

025750 Stock   668.00  4.00  0.60%   
Hansol Homedeco overlap studies tool provides the execution environment for running the Double Exponential Moving Average study and other technical functions against Hansol Homedeco. Hansol Homedeco 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 Double Exponential Moving Average study function is designed to identify and follow existing trends. Hansol Homedeco overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

The output start index for this execution was six with a total number of output elements of fifty-five. The Double Exponential Moving Average indicator was developed by Patrick Mulloy. It consists of a single exponential moving average and a double exponential moving average. This indicator is more responsive to Hansol Homedeco changes than the simple moving average.

Hansol Homedeco Technical Analysis Modules

Most technical analysis of Hansol Homedeco 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 Hansol from various momentum indicators to cycle indicators. When you analyze Hansol 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 Hansol Homedeco 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 Hansol Homedeco Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hansol Homedeco Co based on widely used predictive technical indicators. In general, we focus on analyzing Hansol Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hansol Homedeco'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 Hansol Homedeco's intrinsic value. In addition to deriving basic predictive indicators for Hansol Homedeco, we also check how macroeconomic factors affect Hansol Homedeco price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
666.51668.00669.49
Details
Intrinsic
Valuation
LowRealHigh
568.87570.36734.80
Details
Naive
Forecast
LowNextHigh
670.30671.79673.28
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
633.46674.54715.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hansol Homedeco. Your research has to be compared to or analyzed against Hansol Homedeco's peers to derive any actionable benefits. When done correctly, Hansol Homedeco's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hansol Homedeco.

Learn to be your own money manager

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.

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Hansol Homedeco 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 Hansol Homedeco 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 Hansol Homedeco will appreciate offsetting losses from the drop in the long position's value.

Hansol Homedeco Pair Trading

Hansol Homedeco Co Pair Trading Analysis

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

Hansol Homedeco financial ratios help investors to determine whether Hansol 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 Hansol with respect to the benefits of owning Hansol Homedeco security.