THRACE PLASTICS (Germany) Overlap Studies Parabolic SAR Extended

TP3 Stock  EUR 3.96  0.01  0.25%   
THRACE PLASTICS overlap studies tool provides the execution environment for running the Parabolic SAR Extended study and other technical functions against THRACE PLASTICS. THRACE PLASTICS 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 Parabolic SAR Extended study function is designed to identify and follow existing trends. THRACE PLASTICS overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Start Value, Offset on Reverse, AF Init Long, AF Long, AF Max Long, AF Init Short, AF Short, and AF Max Short.

Study
Start Value
Offset on Reverse
AF Init Long
AF Long
AF Max Long
AF Init Short
AF Short
AF Max Short
Execute Study
The output start index for this execution was one with a total number of output elements of sixty. The Extended Parabolic SAR indicator is used to determine the direction of THRACE PLASTICS's momentum and the point in time when it has higher than normal probability of directional change. It has more input parameters than standard Parabolic SAR indicator.

THRACE PLASTICS Technical Analysis Modules

Most technical analysis of THRACE PLASTICS 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 THRACE from various momentum indicators to cycle indicators. When you analyze THRACE 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 THRACE PLASTICS 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 THRACE PLASTICS. We use our internally-developed statistical techniques to arrive at the intrinsic value of THRACE PLASTICS based on widely used predictive technical indicators. In general, we focus on analyzing THRACE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build THRACE PLASTICS'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 THRACE PLASTICS's intrinsic value. In addition to deriving basic predictive indicators for THRACE PLASTICS, we also check how macroeconomic factors affect THRACE PLASTICS price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
2.783.965.14
Details
Intrinsic
Valuation
LowRealHigh
2.273.454.63
Details
Naive
Forecast
LowNextHigh
2.814.005.18
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.953.963.97
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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THRACE PLASTICS 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 THRACE PLASTICS 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 THRACE PLASTICS will appreciate offsetting losses from the drop in the long position's value.

THRACE PLASTICS Pair Trading

THRACE PLASTICS Pair Trading Analysis

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

THRACE PLASTICS financial ratios help investors to determine whether THRACE 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 THRACE with respect to the benefits of owning THRACE PLASTICS security.