Cathay Bloomberg Etf Forecast - Price Action Indicator
00781B Etf | TWD 32.83 0.09 0.27% |
Cathay Etf Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Cathay Bloomberg stock prices and determine the direction of Cathay Bloomberg Barclays's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Cathay Bloomberg's historical fundamentals, such as revenue growth or operating cash flow patterns.
Cathay |
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Cathay Bloomberg Trading Date Momentum
On November 29 2024 Cathay Bloomberg Barclays was traded for 32.83 at the closing time. The highest price during the trading period was 32.83 and the lowest recorded bid was listed for 32.76 . The volume for the day was 102 K. This history from November 29, 2024 did not affect price variability. The overall trading delta to the current price is 0.21% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Cathay Bloomberg
For every potential investor in Cathay, whether a beginner or expert, Cathay Bloomberg's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Cathay Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Cathay. Basic forecasting techniques help filter out the noise by identifying Cathay Bloomberg's price trends.Cathay Bloomberg Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cathay Bloomberg etf to make a market-neutral strategy. Peer analysis of Cathay Bloomberg could also be used in its relative valuation, which is a method of valuing Cathay Bloomberg by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Cathay Bloomberg Barclays Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Cathay Bloomberg's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Cathay Bloomberg's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Cathay Bloomberg Market Strength Events
Market strength indicators help investors to evaluate how Cathay Bloomberg etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cathay Bloomberg shares will generate the highest return on investment. By undertsting and applying Cathay Bloomberg etf market strength indicators, traders can identify Cathay Bloomberg Barclays entry and exit signals to maximize returns.
Cathay Bloomberg Risk Indicators
The analysis of Cathay Bloomberg's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Cathay Bloomberg's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cathay etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 0.4914 | |||
Standard Deviation | 0.6602 | |||
Variance | 0.4358 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Cathay Bloomberg
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 Cathay Bloomberg 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 Cathay Bloomberg will appreciate offsetting losses from the drop in the long position's value.Moving together with Cathay Etf
Moving against Cathay Etf
0.87 | 00881 | Cathay Taiwan 5G | PairCorr |
0.8 | 0050 | YuantaP shares Taiwan | PairCorr |
0.74 | 006203 | YuantaP shares MSCI | PairCorr |
0.73 | 0057 | Fubon MSCI Taiwan | PairCorr |
0.71 | 006208 | Fubon FTSE TWSE | PairCorr |
The ability to find closely correlated positions to Cathay Bloomberg could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cathay Bloomberg 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 Cathay Bloomberg - 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 Cathay Bloomberg Barclays to buy it.
The correlation of Cathay Bloomberg 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 Cathay Bloomberg moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cathay Bloomberg Barclays 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 Cathay Bloomberg 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 Cathay Etf
Cathay Bloomberg financial ratios help investors to determine whether Cathay Etf 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 Cathay with respect to the benefits of owning Cathay Bloomberg security.