Goodyear Lastikleri (Turkey) Overlap Studies Kaufman Adaptive Moving Average

GOODY Stock  TRY 15.58  0.52  3.23%   
Goodyear Lastikleri overlap studies tool provides the execution environment for running the Kaufman Adaptive Moving Average study and other technical functions against Goodyear Lastikleri. Goodyear Lastikleri 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 Kaufman Adaptive Moving Average study function is designed to identify and follow existing trends. Goodyear Lastikleri 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 ten with a total number of output elements of fifty-one. The Kaufman Adaptive Moving Average allows the user to define Goodyear Lastikleri TAS range across which they want the smoothing.

Goodyear Lastikleri Technical Analysis Modules

Most technical analysis of Goodyear Lastikleri 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 Goodyear from various momentum indicators to cycle indicators. When you analyze Goodyear 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 Goodyear Lastikleri 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 Goodyear Lastikleri TAS. We use our internally-developed statistical techniques to arrive at the intrinsic value of Goodyear Lastikleri TAS based on widely used predictive technical indicators. In general, we focus on analyzing Goodyear Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Goodyear Lastikleri'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 Goodyear Lastikleri's intrinsic value. In addition to deriving basic predictive indicators for Goodyear Lastikleri, we also check how macroeconomic factors affect Goodyear Lastikleri price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Goodyear Lastikleri's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
13.3515.5817.81
Details
Intrinsic
Valuation
LowRealHigh
13.3115.5417.77
Details
Naive
Forecast
LowNextHigh
13.4815.7117.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.2515.9216.60
Details

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Goodyear Lastikleri TAS 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 Goodyear Lastikleri 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 Goodyear Lastikleri will appreciate offsetting losses from the drop in the long position's value.

Goodyear Lastikleri Pair Trading

Goodyear Lastikleri TAS Pair Trading Analysis

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

Goodyear Lastikleri financial ratios help investors to determine whether Goodyear 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 Goodyear with respect to the benefits of owning Goodyear Lastikleri security.