Optica Rare Earths Etf Volatility Indicators Average True Range
| CRIT Etf | USD 18.28 0.08 0.44% |
| Symbol |
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Optica Rare Earths volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Optica Rare Technical Analysis Modules
Most technical analysis of Optica Rare 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 Optica from various momentum indicators to cycle indicators. When you analyze Optica 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Optica Rare 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 Optica Rare Earths. We use our internally-developed statistical techniques to arrive at the intrinsic value of Optica Rare Earths based on widely used predictive technical indicators. In general, we focus on analyzing Optica Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Optica Rare'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 Optica Rare's intrinsic value. In addition to deriving basic predictive indicators for Optica Rare, we also check how macroeconomic factors affect Optica Rare price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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.Did you try this?
Run Global Correlations Now
Global CorrelationsFind global opportunities by holding instruments from different markets |
| All Next | Launch Module |
Optica Rare Earths 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 Optica Rare 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 Optica Rare will appreciate offsetting losses from the drop in the long position's value.Optica Rare Pair Trading
Optica Rare Earths Pair Trading Analysis
The ability to find closely correlated positions to Optica Rare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Optica Rare 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 Optica Rare - 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 Optica Rare Earths to buy it.
The correlation of Optica Rare 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 Optica Rare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Optica Rare Earths 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 Optica Rare 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Optica Rare Earths. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
The market value of Optica Rare Earths is measured differently than its book value, which is the value of Optica that is recorded on the company's balance sheet. Investors also form their own opinion of Optica Rare's value that differs from its market value or its book value, called intrinsic value, which is Optica Rare'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 Optica Rare's market value can be influenced by many factors that don't directly affect Optica Rare'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 Optica Rare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optica Rare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optica Rare'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.