Kelani Cables (Sri Lanka) Overlap Studies Midpoint Price over period

KCABN0000  LKR 343.00  4.00  1.18%   
Kelani Cables overlap studies tool provides the execution environment for running the Midpoint Price over period study and other technical functions against Kelani Cables. Kelani Cables 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. Kelani Cables 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 twenty-three with a total number of output elements of thirty-eight. The Mid-point Price over period is an average of Kelani Cables PLC highest and lowest prices attained during the given period.

Kelani Cables Technical Analysis Modules

Most technical analysis of Kelani Cables 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 Kelani from various momentum indicators to cycle indicators. When you analyze Kelani 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 Kelani Cables 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 Kelani Cables PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kelani Cables PLC based on widely used predictive technical indicators. In general, we focus on analyzing Kelani Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kelani Cables'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 Kelani Cables's intrinsic value. In addition to deriving basic predictive indicators for Kelani Cables, we also check how macroeconomic factors affect Kelani Cables price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
341.26343.00344.74
Details
Intrinsic
Valuation
LowRealHigh
308.70351.63353.37
Details

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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.

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Kelani Cables PLC 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 Kelani Cables 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 Kelani Cables will appreciate offsetting losses from the drop in the long position's value.

Kelani Cables Pair Trading

Kelani Cables PLC Pair Trading Analysis

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

Kelani Cables financial ratios help investors to determine whether Kelani 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 Kelani with respect to the benefits of owning Kelani Cables security.