Mitra Keluarga (Indonesia) Pattern Recognition Hikkake Pattern

MIKA Stock  IDR 2,560  60.00  2.29%   
Mitra Keluarga pattern recognition tool provides the execution environment for running the Hikkake Pattern recognition and other technical functions against Mitra Keluarga. Mitra Keluarga 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 Hikkake Pattern recognition function is designed to identify and follow existing trends. Mitra Keluarga momentum indicators are usually used to generate trading rules based on assumptions that Mitra Keluarga trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was five with a total number of output elements of fifty-six. The function generated a total of seven valid pattern recognition events for the selected time horizon. The Hikkake pattern is used for determining Mitra Keluarga market turning-points and continuations.

Mitra Keluarga Technical Analysis Modules

Most technical analysis of Mitra Keluarga 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 Mitra from various momentum indicators to cycle indicators. When you analyze Mitra 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 Mitra Keluarga 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 Mitra Keluarga Karyasehat. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mitra Keluarga Karyasehat based on widely used predictive technical indicators. In general, we focus on analyzing Mitra Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mitra Keluarga'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 Mitra Keluarga's intrinsic value. In addition to deriving basic predictive indicators for Mitra Keluarga, we also check how macroeconomic factors affect Mitra Keluarga price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
2,5582,5602,562
Details
Intrinsic
Valuation
LowRealHigh
2,3022,3042,816
Details
Naive
Forecast
LowNextHigh
2,5442,5462,548
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2,5552,6382,722
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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Risk-Return Analysis

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Mitra Keluarga Karyasehat 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 Mitra Keluarga 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 Mitra Keluarga will appreciate offsetting losses from the drop in the long position's value.

Mitra Keluarga Pair Trading

Mitra Keluarga Karyasehat Pair Trading Analysis

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

Mitra Keluarga financial ratios help investors to determine whether Mitra 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 Mitra with respect to the benefits of owning Mitra Keluarga security.