Biwin Storage (China) Statistic Functions Linear Regression Angle

688525 Stock   57.91  1.51  2.68%   
Biwin Storage statistic functions tool provides the execution environment for running the Linear Regression Angle function and other technical functions against Biwin Storage. Biwin Storage 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 Linear Regression Angle function function is designed to identify and follow existing trends. Biwin Storage 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.

Function
Time Period
Execute Function
Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Linear Regression Angle indicator plots the angel of the trend line for each Biwin Storage Technology data point.

Biwin Storage Technical Analysis Modules

Most technical analysis of Biwin Storage 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 Biwin from various momentum indicators to cycle indicators. When you analyze Biwin 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 Biwin Storage 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 Biwin Storage Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Biwin Storage Technology based on widely used predictive technical indicators. In general, we focus on analyzing Biwin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Biwin Storage'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 Biwin Storage's intrinsic value. In addition to deriving basic predictive indicators for Biwin Storage, we also check how macroeconomic factors affect Biwin Storage price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
51.4856.9262.36
Details
Intrinsic
Valuation
LowRealHigh
42.4347.8763.70
Details
Naive
Forecast
LowNextHigh
54.1259.5765.01
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
53.4462.6771.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Biwin Storage. Your research has to be compared to or analyzed against Biwin Storage's peers to derive any actionable benefits. When done correctly, Biwin Storage's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Biwin Storage Technology.

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.

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Biwin Storage Technology 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 Biwin Storage 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 Biwin Storage will appreciate offsetting losses from the drop in the long position's value.

Biwin Storage Pair Trading

Biwin Storage Technology Pair Trading Analysis

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

Biwin Storage financial ratios help investors to determine whether Biwin 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 Biwin with respect to the benefits of owning Biwin Storage security.