Oriental Times (China) Statistic Functions Beta
002175 Stock | 4.31 0.20 4.43% |
Symbol |
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Oriental Times Media correlated with the market. If Beta is less than 0 Oriental Times generally moves in the opposite direction as compared to the market. If Oriental Times Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Oriental Times Media is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Oriental Times is generally in the same direction as the market. If Beta > 1 Oriental Times moves generally in the same direction as, but more than the movement of the benchmark.
Oriental Times Technical Analysis Modules
Most technical analysis of Oriental Times 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 Oriental from various momentum indicators to cycle indicators. When you analyze Oriental 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.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
About Oriental Times 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 Oriental Times Media. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oriental Times Media based on widely used predictive technical indicators. In general, we focus on analyzing Oriental Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Oriental Times's daily price indicators and compare them against related drivers, such as statistic functions 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 Oriental Times's intrinsic value. In addition to deriving basic predictive indicators for Oriental Times, we also check how macroeconomic factors affect Oriental Times price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Learn to be your own money manager
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.Did you try this?
Run Global Markets Map Now
Global Markets MapGet a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |
All Next | Launch Module |
Oriental Times Media 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 Oriental Times 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 Oriental Times will appreciate offsetting losses from the drop in the long position's value.Oriental Times Pair Trading
Oriental Times Media Pair Trading Analysis
The ability to find closely correlated positions to Oriental Times could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oriental Times 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 Oriental Times - 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 Oriental Times Media to buy it.
The correlation of Oriental Times 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 Oriental Times moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oriental Times Media 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 Oriental Times 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.Other Information on Investing in Oriental Stock
Oriental Times financial ratios help investors to determine whether Oriental 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 Oriental with respect to the benefits of owning Oriental Times security.