Nable Communications (Korea) Statistic Functions Linear Regression

153460 Stock  KRW 6,420  30.00  0.47%   
Nable Communications statistic functions tool provides the execution environment for running the Linear Regression function and other technical functions against Nable Communications. Nable Communications 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 function function is designed to identify and follow existing trends. Nable Communications 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.

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 model generates relationship between price series of Nable Communications and its peer or benchmark and helps predict Nable Communications future price from its past values.

Nable Communications Technical Analysis Modules

Most technical analysis of Nable Communications 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 Nable from various momentum indicators to cycle indicators. When you analyze Nable 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 Nable Communications 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 Nable Communications. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nable Communications based on widely used predictive technical indicators. In general, we focus on analyzing Nable Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nable Communications'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 Nable Communications's intrinsic value. In addition to deriving basic predictive indicators for Nable Communications, we also check how macroeconomic factors affect Nable Communications price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
6,4196,4206,421
Details
Intrinsic
Valuation
LowRealHigh
5,4085,4107,062
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nable Communications. Your research has to be compared to or analyzed against Nable Communications' peers to derive any actionable benefits. When done correctly, Nable Communications' 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 Nable Communications.

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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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Nable Communications 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 Nable Communications 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 Nable Communications will appreciate offsetting losses from the drop in the long position's value.

Nable Communications Pair Trading

Nable Communications Pair Trading Analysis

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

Nable Communications financial ratios help investors to determine whether Nable 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 Nable with respect to the benefits of owning Nable Communications security.