Libstar Holdings (South Africa) Price Transform Average Price

LBR Stock   440.00  10.00  2.22%   
Libstar Holdings price transform tool provides the execution environment for running the Average Price transformation and other technical functions against Libstar Holdings. Libstar Holdings 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. Libstar Holdings 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. Libstar Holdings 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.

Libstar Holdings Technical Analysis Modules

Most technical analysis of Libstar Holdings 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 Libstar from various momentum indicators to cycle indicators. When you analyze Libstar 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 Libstar Holdings 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 Libstar Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Libstar Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Libstar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Libstar Holdings'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 Libstar Holdings's intrinsic value. In addition to deriving basic predictive indicators for Libstar Holdings, we also check how macroeconomic factors affect Libstar Holdings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
437.11440.00442.89
Details
Intrinsic
Valuation
LowRealHigh
414.64417.52484.00
Details
Naive
Forecast
LowNextHigh
428.43431.31434.20
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
433.91443.33452.76
Details

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

Libstar Holdings Pair Trading

Libstar Holdings Pair Trading Analysis

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

Libstar Holdings financial ratios help investors to determine whether Libstar 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 Libstar with respect to the benefits of owning Libstar Holdings security.