Near Term Tax Free Fund Statistic Functions Beta

NEARX Fund  USD 2.10  0.00  0.00%   
Near-term Tax statistic functions tool provides the execution environment for running the Beta function and other technical functions against Near-term Tax. Near-term Tax 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 statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Near-term Tax statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Near Term Tax correlated with the market. If Beta is less than 0 Near-term Tax generally moves in the opposite direction as compared to the market. If Near-term Tax Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Near Term Tax is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Near-term Tax is generally in the same direction as the market. If Beta > 1 Near-term Tax moves generally in the same direction as, but more than the movement of the benchmark.

Near-term Tax Technical Analysis Modules

Most technical analysis of Near-term Tax 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 Near-term from various momentum indicators to cycle indicators. When you analyze Near-term 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 Near-term Tax 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 Near Term Tax Free. We use our internally-developed statistical techniques to arrive at the intrinsic value of Near Term Tax Free based on widely used predictive technical indicators. In general, we focus on analyzing Near-term Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Near-term Tax'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 Near-term Tax's intrinsic value. In addition to deriving basic predictive indicators for Near-term Tax, we also check how macroeconomic factors affect Near-term Tax price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
1.982.102.22
Details
Intrinsic
Valuation
LowRealHigh
1.932.052.17
Details
Naive
Forecast
LowNextHigh
1.982.102.22
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.092.102.10
Details

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Near Term Tax 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 Near-term Tax 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 Near-term Tax will appreciate offsetting losses from the drop in the long position's value.

Near-term Tax Pair Trading

Near Term Tax Free Pair Trading Analysis

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

Near-term Tax financial ratios help investors to determine whether Near-term Mutual Fund 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 Near-term with respect to the benefits of owning Near-term Tax security.
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