Tradr 2x Long Etf Statistic Functions Standard Deviation
| QQQW Etf | 27.44 0.08 0.29% |
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The output start index for this execution was two with a total number of output elements of fifty-eight. Tradr 2X Long Standard Deviation measures the spread of Tradr 2X time series from expected value (the mean).
Tradr 2X Technical Analysis Modules
Most technical analysis of Tradr 2X 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 Tradr from various momentum indicators to cycle indicators. When you analyze Tradr 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.| Cycle Indicators | ||
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About Tradr 2X 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 Tradr 2X Long. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tradr 2X Long based on widely used predictive technical indicators. In general, we focus on analyzing Tradr Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tradr 2X'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 Tradr 2X's intrinsic value. In addition to deriving basic predictive indicators for Tradr 2X, we also check how macroeconomic factors affect Tradr 2X price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Tradr 2X Long 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 Tradr 2X 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 Tradr 2X will appreciate offsetting losses from the drop in the long position's value.Tradr 2X Pair Trading
Tradr 2X Long Pair Trading Analysis
The ability to find closely correlated positions to Tradr 2X could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tradr 2X 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 Tradr 2X - 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 Tradr 2X Long to buy it.
The correlation of Tradr 2X 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 Tradr 2X moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tradr 2X Long 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 Tradr 2X 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Tradr 2X Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of Tradr 2X Long is measured differently than its book value, which is the value of Tradr that is recorded on the company's balance sheet. Investors also form their own opinion of Tradr 2X's value that differs from its market value or its book value, called intrinsic value, which is Tradr 2X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tradr 2X's market value can be influenced by many factors that don't directly affect Tradr 2X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tradr 2X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tradr 2X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tradr 2X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.