Vnsteel Vicasa (Vietnam) Statistic Functions Variance

VCA Stock   16,400  1,200  6.82%   
Vnsteel Vicasa statistic functions tool provides the execution environment for running the Variance function and other technical functions against Vnsteel Vicasa. Vnsteel Vicasa 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. Vnsteel Vicasa 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was zero with a total number of output elements of sixty-one. Vnsteel Vicasa JSC Variance is a measurement of the price spread between periods of Vnsteel Vicasa price series.

Vnsteel Vicasa Technical Analysis Modules

Most technical analysis of Vnsteel Vicasa 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 Vnsteel from various momentum indicators to cycle indicators. When you analyze Vnsteel 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 Vnsteel Vicasa 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 Vnsteel Vicasa JSC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Vnsteel Vicasa JSC based on widely used predictive technical indicators. In general, we focus on analyzing Vnsteel Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Vnsteel Vicasa'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 Vnsteel Vicasa's intrinsic value. In addition to deriving basic predictive indicators for Vnsteel Vicasa, we also check how macroeconomic factors affect Vnsteel Vicasa price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
17,59617,60017,604
Details
Intrinsic
Valuation
LowRealHigh
12,80412,80819,360
Details
Naive
Forecast
LowNextHigh
20,48020,48320,487
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5,3209,58413,848
Details

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Vnsteel Vicasa JSC 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 Vnsteel Vicasa 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 Vnsteel Vicasa will appreciate offsetting losses from the drop in the long position's value.

Vnsteel Vicasa Pair Trading

Vnsteel Vicasa JSC Pair Trading Analysis

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

Vnsteel Vicasa financial ratios help investors to determine whether Vnsteel 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 Vnsteel with respect to the benefits of owning Vnsteel Vicasa security.