Wahana Ottomitra (Indonesia) Pattern Recognition Engulfing Pattern

WOMF Stock  IDR 362.00  12.00  3.43%   
Wahana Ottomitra pattern recognition tool provides the execution environment for running the Engulfing Pattern recognition and other technical functions against Wahana Ottomitra. Wahana Ottomitra 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 Engulfing Pattern recognition function is designed to identify and follow existing trends. Wahana Ottomitra momentum indicators are usually used to generate trading rules based on assumptions that Wahana Ottomitra trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was two with a total number of output elements of fifty-nine. The function did not return any valid pattern recognition events for the selected time horizon. The Engulfing Pattern describes Wahana Ottomitra bullish reversal pattern.

Wahana Ottomitra Technical Analysis Modules

Most technical analysis of Wahana Ottomitra 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 Wahana from various momentum indicators to cycle indicators. When you analyze Wahana 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 Wahana Ottomitra 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 Wahana Ottomitra Multiartha. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wahana Ottomitra Multiartha based on widely used predictive technical indicators. In general, we focus on analyzing Wahana Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wahana Ottomitra'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 Wahana Ottomitra's intrinsic value. In addition to deriving basic predictive indicators for Wahana Ottomitra, we also check how macroeconomic factors affect Wahana Ottomitra price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
360.95362.00363.05
Details
Intrinsic
Valuation
LowRealHigh
345.99347.04398.20
Details

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Wahana Ottomitra Mul 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 Wahana Ottomitra 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 Wahana Ottomitra will appreciate offsetting losses from the drop in the long position's value.

Wahana Ottomitra Pair Trading

Wahana Ottomitra Multiartha Pair Trading Analysis

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

Wahana Ottomitra financial ratios help investors to determine whether Wahana 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 Wahana with respect to the benefits of owning Wahana Ottomitra security.