CCB Principal pattern recognition tool provides the execution environment for running the Dark Cloud Cover recognition and other technical functions against CCB Principal. CCB Principal 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 pattern recognition indicators. As with most other technical indicators, the Dark Cloud Cover recognition function is designed to identify and follow existing trends. CCB Principal momentum indicators are usually used to generate trading rules based on assumptions that CCB Principal trends in prices tend to continue for long periods. Please specify Penetration to run this model.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eleven with a total number of output elements of fifty. The function did not return any valid pattern recognition events for the selected time horizon. The Dark Cloud Cover describes bearish reversal pattern of CCB Principal Asset.
CCB Principal Technical Analysis Modules
Most technical analysis of CCB Principal 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 CCB from various momentum indicators to cycle indicators. When you analyze CCB 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.
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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Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
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 CCB Principal 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 CCB Principal will appreciate offsetting losses from the drop in the long position's value.
CCB Principal Pair Trading
CCB Principal Asset Pair Trading Analysis
The ability to find closely correlated positions to CCB Principal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CCB Principal 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 CCB Principal - 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 CCB Principal Asset to buy it.
The correlation of CCB Principal 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 CCB Principal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CCB Principal Asset 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 CCB Principal 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.