Polaris Office (Korea) Statistic Functions Variance

041020 Stock  KRW 5,500  240.00  4.56%   
Polaris Office statistic functions tool provides the execution environment for running the Variance function and other technical functions against Polaris Office. Polaris Office 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 Variance function function is designed to identify and follow existing trends. Polaris Office statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
The output start index for this execution was two with a total number of output elements of fifty-nine. Polaris Office Corp Variance is a measurement of the price spread between periods of Polaris Office price series.

Polaris Office Technical Analysis Modules

Most technical analysis of Polaris Office 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 Polaris from various momentum indicators to cycle indicators. When you analyze Polaris 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 Polaris Office 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 Polaris Office Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Polaris Office Corp based on widely used predictive technical indicators. In general, we focus on analyzing Polaris Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Polaris Office'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 Polaris Office's intrinsic value. In addition to deriving basic predictive indicators for Polaris Office, we also check how macroeconomic factors affect Polaris Office price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
5,4965,5005,504
Details
Intrinsic
Valuation
LowRealHigh
4,5264,5306,050
Details
Naive
Forecast
LowNextHigh
5,3625,3665,370
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5,1945,4205,646
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Polaris Office. Your research has to be compared to or analyzed against Polaris Office's peers to derive any actionable benefits. When done correctly, Polaris Office's 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 Polaris Office Corp.

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.

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Polaris Office 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 Polaris Office 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 Polaris Office will appreciate offsetting losses from the drop in the long position's value.

Polaris Office Pair Trading

Polaris Office Corp Pair Trading Analysis

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

Polaris Office financial ratios help investors to determine whether Polaris 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 Polaris with respect to the benefits of owning Polaris Office security.