Chaintech Technology (Taiwan) Price Transform Average Price

2425 Stock  TWD 40.10  0.85  2.08%   
Chaintech Technology price transform tool provides the execution environment for running the Average Price transformation and other technical functions against Chaintech Technology. Chaintech Technology 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 price transform indicators. As with most other technical indicators, the Average Price transformation function is designed to identify and follow existing trends. Chaintech Technology price transformation methods enable investors to generate trading signals using basic price transformation functions such as typical price movement.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Chaintech Technology Corp Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

Chaintech Technology Technical Analysis Modules

Most technical analysis of Chaintech Technology 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 Chaintech from various momentum indicators to cycle indicators. When you analyze Chaintech 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 Chaintech Technology 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 Chaintech Technology Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Chaintech Technology Corp based on widely used predictive technical indicators. In general, we focus on analyzing Chaintech Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Chaintech Technology's daily price indicators and compare them against related drivers, such as price transform 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 Chaintech Technology's intrinsic value. In addition to deriving basic predictive indicators for Chaintech Technology, we also check how macroeconomic factors affect Chaintech Technology price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
36.2340.1043.97
Details
Intrinsic
Valuation
LowRealHigh
32.6236.4940.36
Details
Naive
Forecast
LowNextHigh
32.7836.6440.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
39.5840.3841.18
Details

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Chaintech Technology Corp 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 Chaintech Technology 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 Chaintech Technology will appreciate offsetting losses from the drop in the long position's value.

Chaintech Technology Pair Trading

Chaintech Technology Corp Pair Trading Analysis

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

Additional Tools for Chaintech Stock Analysis

When running Chaintech Technology's price analysis, check to measure Chaintech Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chaintech Technology is operating at the current time. Most of Chaintech Technology's value examination focuses on studying past and present price action to predict the probability of Chaintech Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chaintech Technology's price. Additionally, you may evaluate how the addition of Chaintech Technology to your portfolios can decrease your overall portfolio volatility.