WHA Business (Thailand) Statistic Functions Beta
| WHABT Stock | THB 5.85 0.05 0.86% |
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The output start index for this execution was fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on WHA Business Complex correlated with the market. If Beta is less than 0 WHA Business generally moves in the opposite direction as compared to the market. If WHA Business Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one WHA Business Complex is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of WHA Business is generally in the same direction as the market. If Beta > 1 WHA Business moves generally in the same direction as, but more than the movement of the benchmark.
WHA Business Technical Analysis Modules
Most technical analysis of WHA Business 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 WHA from various momentum indicators to cycle indicators. When you analyze WHA 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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About WHA Business 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 WHA Business Complex. We use our internally-developed statistical techniques to arrive at the intrinsic value of WHA Business Complex based on widely used predictive technical indicators. In general, we focus on analyzing WHA Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build WHA Business'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 WHA Business's intrinsic value. In addition to deriving basic predictive indicators for WHA Business, we also check how macroeconomic factors affect WHA Business price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WHA Business' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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WHA Business Complex 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 WHA Business 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 WHA Business will appreciate offsetting losses from the drop in the long position's value.WHA Business Pair Trading
WHA Business Complex Pair Trading Analysis
The ability to find closely correlated positions to WHA Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WHA Business 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 WHA Business - 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 WHA Business Complex to buy it.
The correlation of WHA Business 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 WHA Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WHA Business Complex 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 WHA Business 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 WHA Stock
WHA Business financial ratios help investors to determine whether WHA 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 WHA with respect to the benefits of owning WHA Business security.