Tung Ho (Taiwan) Volatility Indicators True Range

1414 Stock  TWD 22.55  0.20  0.89%   
Tung Ho volatility indicators tool provides the execution environment for running the True Range indicator and other technical functions against Tung Ho. Tung Ho 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 volatility indicators indicators. As with most other technical indicators, the True Range indicator function is designed to identify and follow existing trends. Tung Ho volatility indicators enable investors to predict price movements based on how different True Range indicators change over time.

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Tung Ho Textile volatility developed by Welles Wilder.

Tung Ho Technical Analysis Modules

Most technical analysis of Tung Ho 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 Tung from various momentum indicators to cycle indicators. When you analyze Tung 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 Tung Ho 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 Tung Ho Textile. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tung Ho Textile based on widely used predictive technical indicators. In general, we focus on analyzing Tung Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tung Ho'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 Tung Ho's intrinsic value. In addition to deriving basic predictive indicators for Tung Ho, we also check how macroeconomic factors affect Tung Ho price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
20.9922.5524.11
Details
Intrinsic
Valuation
LowRealHigh
17.6319.1924.81
Details
Naive
Forecast
LowNextHigh
20.6722.2423.80
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.2922.4822.67
Details

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 Portfolio Backtesting Now

   

Portfolio Backtesting

Avoid under-diversification and over-optimization by backtesting your portfolios
All  Next Launch Module

Tung Ho Textile 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 Tung Ho 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 Tung Ho will appreciate offsetting losses from the drop in the long position's value.

Tung Ho Pair Trading

Tung Ho Textile Pair Trading Analysis

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

Additional Tools for Tung Stock Analysis

When running Tung Ho's price analysis, check to measure Tung Ho's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tung Ho is operating at the current time. Most of Tung Ho's value examination focuses on studying past and present price action to predict the probability of Tung Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tung Ho's price. Additionally, you may evaluate how the addition of Tung Ho to your portfolios can decrease your overall portfolio volatility.