Chin Hsin (Taiwan) Statistic Functions Beta
| 6951 Stock | 76.50 2.00 2.55% |
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Chin Hsin Environ correlated with the market. If Beta is less than 0 Chin Hsin generally moves in the opposite direction as compared to the market. If Chin Hsin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Chin Hsin Environ is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Chin Hsin is generally in the same direction as the market. If Beta > 1 Chin Hsin moves generally in the same direction as, but more than the movement of the benchmark.
Chin Hsin Technical Analysis Modules
Most technical analysis of Chin Hsin 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 Chin from various momentum indicators to cycle indicators. When you analyze Chin 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 | ||
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Chin Hsin Environ 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 Chin Hsin 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 Chin Hsin will appreciate offsetting losses from the drop in the long position's value.Chin Hsin Pair Trading
Chin Hsin Environ Pair Trading Analysis
The ability to find closely correlated positions to Chin Hsin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chin Hsin 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 Chin Hsin - 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 Chin Hsin Environ to buy it.
The correlation of Chin Hsin 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 Chin Hsin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chin Hsin Environ 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 Chin Hsin 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.Additional Tools for Chin Stock Analysis
When running Chin Hsin's price analysis, check to measure Chin Hsin'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 Chin Hsin is operating at the current time. Most of Chin Hsin's value examination focuses on studying past and present price action to predict the probability of Chin Hsin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chin Hsin's price. Additionally, you may evaluate how the addition of Chin Hsin to your portfolios can decrease your overall portfolio volatility.