Mitsib Leasing (Thailand) Statistic Functions Linear Regression

MITSIB Stock  THB 0.73  0.01  1.39%   
Mitsib Leasing statistic functions tool provides the execution environment for running the Linear Regression function and other technical functions against Mitsib Leasing. Mitsib Leasing 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. Mitsib Leasing 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 eleven with a total number of output elements of fifty. The Linear Regression model generates relationship between price series of Mitsib Leasing Public and its peer or benchmark and helps predict Mitsib Leasing future price from its past values.

Mitsib Leasing Technical Analysis Modules

Most technical analysis of Mitsib Leasing 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 Mitsib from various momentum indicators to cycle indicators. When you analyze Mitsib 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 Mitsib Leasing 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 Mitsib Leasing Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mitsib Leasing Public based on widely used predictive technical indicators. In general, we focus on analyzing Mitsib Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mitsib Leasing'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 Mitsib Leasing's intrinsic value. In addition to deriving basic predictive indicators for Mitsib Leasing, we also check how macroeconomic factors affect Mitsib Leasing price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.040.7387.23
Details
Intrinsic
Valuation
LowRealHigh
0.020.4786.97
Details
Naive
Forecast
LowNextHigh
0.010.70127.53
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.730.730.73
Details

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Mitsib Leasing Public 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 Mitsib Leasing 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 Mitsib Leasing will appreciate offsetting losses from the drop in the long position's value.

Mitsib Leasing Pair Trading

Mitsib Leasing Public Pair Trading Analysis

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

Mitsib Leasing financial ratios help investors to determine whether Mitsib 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 Mitsib with respect to the benefits of owning Mitsib Leasing security.