BICE11 (Brazil) Pattern Recognition High Wave Candle

BICE11 Fund   901.00  99.00  9.90%   
BICE11 pattern recognition tool provides the execution environment for running the High Wave Candle recognition and other technical functions against BICE11. BICE11 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 High Wave Candle recognition function is designed to identify and follow existing trends. BICE11 momentum indicators are usually used to generate trading rules based on assumptions that BICE11 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 ten with a total number of output elements of fifty-one. The function did not return any valid pattern recognition events for the selected time horizon. The High-Wave Candle may signal BICE11 market turn when observed in several bundles.

BICE11 Technical Analysis Modules

Most technical analysis of BICE11 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 BICE11 from various momentum indicators to cycle indicators. When you analyze BICE11 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.

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BICE11 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 BICE11 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 BICE11 will appreciate offsetting losses from the drop in the long position's value.

BICE11 Pair Trading

BICE11 Pair Trading Analysis

The ability to find closely correlated positions to BICE11 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BICE11 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 BICE11 - 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 BICE11 to buy it.
The correlation of BICE11 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 BICE11 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BICE11 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 BICE11 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
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