Apex Biotechnology (Taiwan) Statistic Functions Linear Regression Intercept

1733 Stock  TWD 28.50  0.15  0.53%   
Apex Biotechnology statistic functions tool provides the execution environment for running the Linear Regression Intercept function and other technical functions against Apex Biotechnology. Apex Biotechnology 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 Intercept function function is designed to identify and follow existing trends. Apex Biotechnology 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
The output start index for this execution was two with a total number of output elements of fifty-nine. The Linear Regression Intercept is the expected mean value of Apex Biotechnology Corp price seriese where values of its benchmark or peer price series are zero.

Apex Biotechnology Technical Analysis Modules

Most technical analysis of Apex Biotechnology 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 Apex from various momentum indicators to cycle indicators. When you analyze Apex 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 Apex Biotechnology 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 Apex Biotechnology Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Apex Biotechnology Corp based on widely used predictive technical indicators. In general, we focus on analyzing Apex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Apex Biotechnology'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 Apex Biotechnology's intrinsic value. In addition to deriving basic predictive indicators for Apex Biotechnology, we also check how macroeconomic factors affect Apex Biotechnology price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
27.5228.5029.48
Details
Intrinsic
Valuation
LowRealHigh
27.7228.7029.68
Details
Naive
Forecast
LowNextHigh
26.9627.9428.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.3128.4528.59
Details

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.

Did you try this?

Run CEOs Directory Now

   

CEOs Directory

Screen CEOs from public companies around the world
All  Next Launch Module

Apex Biotechnology 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 Apex Biotechnology 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 Apex Biotechnology will appreciate offsetting losses from the drop in the long position's value.

Apex Biotechnology Pair Trading

Apex Biotechnology Corp Pair Trading Analysis

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

Additional Tools for Apex Stock Analysis

When running Apex Biotechnology's price analysis, check to measure Apex Biotechnology'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 Apex Biotechnology is operating at the current time. Most of Apex Biotechnology's value examination focuses on studying past and present price action to predict the probability of Apex Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apex Biotechnology's price. Additionally, you may evaluate how the addition of Apex Biotechnology to your portfolios can decrease your overall portfolio volatility.