Soulbrain Holdings (Korea) Volatility Indicators Average True Range
036830 Stock | KRW 39,500 600.00 1.50% |
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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Soulbrain Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Soulbrain Holdings Technical Analysis Modules
Most technical analysis of Soulbrain Holdings 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 Soulbrain from various momentum indicators to cycle indicators. When you analyze Soulbrain 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 Soulbrain Holdings 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 Soulbrain Holdings Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Soulbrain Holdings Co based on widely used predictive technical indicators. In general, we focus on analyzing Soulbrain Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Soulbrain Holdings's daily price indicators and compare them against related drivers, such as volatility indicators 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 Soulbrain Holdings's intrinsic value. In addition to deriving basic predictive indicators for Soulbrain Holdings, we also check how macroeconomic factors affect Soulbrain Holdings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Soulbrain Holdings 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 Soulbrain Holdings 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 Soulbrain Holdings will appreciate offsetting losses from the drop in the long position's value.Soulbrain Holdings Pair Trading
Soulbrain Holdings Co Pair Trading Analysis
The ability to find closely correlated positions to Soulbrain Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Soulbrain Holdings 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 Soulbrain Holdings - 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 Soulbrain Holdings Co to buy it.
The correlation of Soulbrain Holdings 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 Soulbrain Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Soulbrain Holdings 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 Soulbrain Holdings 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.Other Information on Investing in Soulbrain Stock
Soulbrain Holdings financial ratios help investors to determine whether Soulbrain 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 Soulbrain with respect to the benefits of owning Soulbrain Holdings security.