Labrador Gold Corp Stock Statistic Functions Linear Regression Angle

NKOSF Stock  USD 0.04  0  4.65%   
Labrador Gold statistic functions tool provides the execution environment for running the Linear Regression Angle function and other technical functions against Labrador Gold. Labrador Gold 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. Labrador Gold 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.

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The output start index for this execution was nine with a total number of output elements of fifty-two. The Linear Regression Angle indicator plots the angel of the trend line for each Labrador Gold Corp data point.

Labrador Gold Technical Analysis Modules

Most technical analysis of Labrador Gold 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 Labrador from various momentum indicators to cycle indicators. When you analyze Labrador 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 Labrador Gold 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 Labrador Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Labrador Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Labrador OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Labrador Gold'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 Labrador Gold's intrinsic value. In addition to deriving basic predictive indicators for Labrador Gold, we also check how macroeconomic factors affect Labrador Gold 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 Labrador Gold's 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.
Hype
Prediction
LowEstimatedHigh
0.000.057.95
Details
Intrinsic
Valuation
LowRealHigh
0.000.047.94
Details
Naive
Forecast
LowNextHigh
0.00090.057.94
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.040.040.05
Details

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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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Labrador Gold Corp 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 Labrador Gold 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 Labrador Gold will appreciate offsetting losses from the drop in the long position's value.

Labrador Gold Pair Trading

Labrador Gold Corp Pair Trading Analysis

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

Labrador Gold financial ratios help investors to determine whether Labrador OTC 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 Labrador with respect to the benefits of owning Labrador Gold security.