Softlogic Life (Sri Lanka) Overlap Studies Midpoint Price over period

AAICN0000   62.80  0.70  1.13%   
Softlogic Life overlap studies tool provides the execution environment for running the Midpoint Price over period study and other technical functions against Softlogic Life. Softlogic Life 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 Midpoint Price over period study function is designed to identify and follow existing trends. Softlogic Life 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 nine with a total number of output elements of fifty-two. The Mid-point Price over period is an average of Softlogic Life Insurance highest and lowest prices attained during the given period.

Softlogic Life Technical Analysis Modules

Most technical analysis of Softlogic Life 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 Softlogic from various momentum indicators to cycle indicators. When you analyze Softlogic 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 Softlogic Life 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 Softlogic Life Insurance. We use our internally-developed statistical techniques to arrive at the intrinsic value of Softlogic Life Insurance based on widely used predictive technical indicators. In general, we focus on analyzing Softlogic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Softlogic Life'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 Softlogic Life's intrinsic value. In addition to deriving basic predictive indicators for Softlogic Life, we also check how macroeconomic factors affect Softlogic Life price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
61.0762.8064.53
Details
Intrinsic
Valuation
LowRealHigh
59.1560.8869.08
Details
Naive
Forecast
LowNextHigh
59.0260.7562.48
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
57.5560.4963.43
Details

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Softlogic Life Insurance 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 Softlogic Life 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 Softlogic Life will appreciate offsetting losses from the drop in the long position's value.

Softlogic Life Pair Trading

Softlogic Life Insurance Pair Trading Analysis

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

Softlogic Life financial ratios help investors to determine whether Softlogic 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 Softlogic with respect to the benefits of owning Softlogic Life security.