Vietnam Petroleum (Vietnam) Pattern Recognition Dragonfly Doji

VIP Stock   13,850  50.00  0.36%   
Vietnam Petroleum pattern recognition tool provides the execution environment for running the Dragonfly Doji recognition and other technical functions against Vietnam Petroleum. Vietnam Petroleum 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 Dragonfly Doji recognition function is designed to identify and follow existing trends. Vietnam Petroleum momentum indicators are usually used to generate trading rules based on assumptions that Vietnam Petroleum trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of two valid pattern recognition events for the selected time horizon. The Dragonfly Doji describes Vietnam Petroleum bearish reversal pattern.

Vietnam Petroleum Technical Analysis Modules

Most technical analysis of Vietnam Petroleum 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 Vietnam from various momentum indicators to cycle indicators. When you analyze Vietnam 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 Vietnam Petroleum 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 Vietnam Petroleum Transport. We use our internally-developed statistical techniques to arrive at the intrinsic value of Vietnam Petroleum Transport based on widely used predictive technical indicators. In general, we focus on analyzing Vietnam Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Vietnam Petroleum's daily price indicators and compare them against related drivers, such as pattern recognition 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 Vietnam Petroleum's intrinsic value. In addition to deriving basic predictive indicators for Vietnam Petroleum, we also check how macroeconomic factors affect Vietnam Petroleum price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
13,84813,85013,852
Details
Intrinsic
Valuation
LowRealHigh
13,51213,51415,235
Details
Naive
Forecast
LowNextHigh
13,29113,29313,294
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12,45513,46714,479
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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Vietnam Petroleum 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 Vietnam Petroleum 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 Vietnam Petroleum will appreciate offsetting losses from the drop in the long position's value.

Vietnam Petroleum Pair Trading

Vietnam Petroleum Transport Pair Trading Analysis

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

Vietnam Petroleum financial ratios help investors to determine whether Vietnam 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 Vietnam with respect to the benefits of owning Vietnam Petroleum security.