Aitken Spence (Sri Lanka) Pattern Recognition Rising and Falling Three Methods

AHUNN0000  LKR 67.10  0.60  0.89%   
Aitken Spence pattern recognition tool provides the execution environment for running the Rising and Falling Three Methods recognition and other technical functions against Aitken Spence. Aitken Spence 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 Rising and Falling Three Methods recognition function is designed to identify and follow existing trends. Aitken Spence momentum indicators are usually used to generate trading rules based on assumptions that Aitken Spence 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 fourteen with a total number of output elements of fourty-seven. The function did not return any valid pattern recognition events for the selected time horizon. The Rising/Falling Three Methods may indicate that Aitken Spence Hotel has been in a downtrend and is about to experience bullish continuation signal

Aitken Spence Technical Analysis Modules

Most technical analysis of Aitken Spence 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 Aitken from various momentum indicators to cycle indicators. When you analyze Aitken 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 Aitken Spence 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 Aitken Spence Hotel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aitken Spence Hotel based on widely used predictive technical indicators. In general, we focus on analyzing Aitken Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aitken Spence'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 Aitken Spence's intrinsic value. In addition to deriving basic predictive indicators for Aitken Spence, we also check how macroeconomic factors affect Aitken Spence price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
65.2867.1068.92
Details
Intrinsic
Valuation
LowRealHigh
53.8755.6973.81
Details
Naive
Forecast
LowNextHigh
69.2471.0672.88
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
65.3866.8068.22
Details

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Aitken Spence Hotel 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 Aitken Spence 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 Aitken Spence will appreciate offsetting losses from the drop in the long position's value.

Aitken Spence Pair Trading

Aitken Spence Hotel Pair Trading Analysis

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

Aitken Spence financial ratios help investors to determine whether Aitken 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 Aitken with respect to the benefits of owning Aitken Spence security.