Arcelik As Adr Stock Statistic Functions Beta

ACKAY Stock  USD 20.90  1.57  8.12%   
Arcelik AS statistic functions tool provides the execution environment for running the Beta function and other technical functions against Arcelik AS. Arcelik AS 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 Beta function function is designed to identify and follow existing trends. Arcelik AS statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Arcelik AS ADR correlated with the market. If Beta is less than 0 Arcelik AS generally moves in the opposite direction as compared to the market. If Arcelik AS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Arcelik AS ADR is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Arcelik AS is generally in the same direction as the market. If Beta > 1 Arcelik AS moves generally in the same direction as, but more than the movement of the benchmark.

Arcelik AS Technical Analysis Modules

Most technical analysis of Arcelik AS 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 Arcelik from various momentum indicators to cycle indicators. When you analyze Arcelik 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 Arcelik AS 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 Arcelik AS ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of Arcelik AS ADR based on widely used predictive technical indicators. In general, we focus on analyzing Arcelik Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Arcelik AS'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 Arcelik AS's intrinsic value. In addition to deriving basic predictive indicators for Arcelik AS, we also check how macroeconomic factors affect Arcelik AS price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
17.7220.9024.08
Details
Intrinsic
Valuation
LowRealHigh
13.3416.5222.99
Details
Naive
Forecast
LowNextHigh
16.4519.6322.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.2218.8221.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Arcelik AS. Your research has to be compared to or analyzed against Arcelik AS's peers to derive any actionable benefits. When done correctly, Arcelik AS's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Arcelik AS ADR.

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.

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Arcelik AS ADR 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 Arcelik AS 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 Arcelik AS will appreciate offsetting losses from the drop in the long position's value.

Arcelik AS Pair Trading

Arcelik AS ADR Pair Trading Analysis

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

When running Arcelik AS's price analysis, check to measure Arcelik AS'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 Arcelik AS is operating at the current time. Most of Arcelik AS's value examination focuses on studying past and present price action to predict the probability of Arcelik AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arcelik AS's price. Additionally, you may evaluate how the addition of Arcelik AS to your portfolios can decrease your overall portfolio volatility.