Soder Sportfiske (Sweden) Price Transform Typical Price

SODER Stock   25.80  0.20  0.77%   
Soder Sportfiske price transform tool provides the execution environment for running the Typical Price transformation and other technical functions against Soder Sportfiske. Soder Sportfiske 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 Typical Price transformation function is designed to identify and follow existing trends. Soder Sportfiske 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. Soder Sportfiske Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Soder Sportfiske moving average lines.

Soder Sportfiske Technical Analysis Modules

Most technical analysis of Soder Sportfiske 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 Soder from various momentum indicators to cycle indicators. When you analyze Soder 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 Soder Sportfiske 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 Soder Sportfiske AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Soder Sportfiske AB based on widely used predictive technical indicators. In general, we focus on analyzing Soder Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Soder Sportfiske'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 Soder Sportfiske's intrinsic value. In addition to deriving basic predictive indicators for Soder Sportfiske, we also check how macroeconomic factors affect Soder Sportfiske price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
22.2625.8029.34
Details
Intrinsic
Valuation
LowRealHigh
18.8922.4325.97
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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Soder Sportfiske 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 Soder Sportfiske 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 Soder Sportfiske will appreciate offsetting losses from the drop in the long position's value.

Soder Sportfiske Pair Trading

Soder Sportfiske AB Pair Trading Analysis

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

When running Soder Sportfiske's price analysis, check to measure Soder Sportfiske'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 Soder Sportfiske is operating at the current time. Most of Soder Sportfiske's value examination focuses on studying past and present price action to predict the probability of Soder Sportfiske's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Soder Sportfiske's price. Additionally, you may evaluate how the addition of Soder Sportfiske to your portfolios can decrease your overall portfolio volatility.