Hana Microelectronics (Thailand) Math Operators Price Series Summation

HANA Stock  THB 26.25  0.75  2.78%   
Hana Microelectronics math operators tool provides the execution environment for running the Price Series Summation operator and other technical functions against Hana Microelectronics. Hana Microelectronics 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 math operators indicators. As with most other technical indicators, the Price Series Summation operator function is designed to identify and follow existing trends and KCE Electronics Public. Math Operators module provides interface to determine different price movement patterns of similar pairs of equity instruments such as KCE Electronics Public and Hana Microelectronics.

Operator
The output start index for this execution was zero with a total number of output elements of sixty-one. Hana Microelectronics Price Series Summation is a cross summation of Hana Microelectronics price series and its benchmark/peer.

Hana Microelectronics Technical Analysis Modules

Most technical analysis of Hana Microelectronics 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 Hana from various momentum indicators to cycle indicators. When you analyze Hana 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 Hana Microelectronics 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 Hana Microelectronics Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hana Microelectronics Public based on widely used predictive technical indicators. In general, we focus on analyzing Hana Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hana Microelectronics's daily price indicators and compare them against related drivers, such as math operators 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 Hana Microelectronics's intrinsic value. In addition to deriving basic predictive indicators for Hana Microelectronics, we also check how macroeconomic factors affect Hana Microelectronics price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
23.3526.2529.15
Details
Intrinsic
Valuation
LowRealHigh
21.5124.4127.31
Details
Naive
Forecast
LowNextHigh
25.5928.5031.40
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.7926.5027.21
Details

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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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Hana Microelectronics 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 Hana Microelectronics 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 Hana Microelectronics will appreciate offsetting losses from the drop in the long position's value.

Hana Microelectronics Pair Trading

Hana Microelectronics Public Pair Trading Analysis

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

Other Information on Investing in Hana Stock

Hana Microelectronics financial ratios help investors to determine whether Hana 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 Hana with respect to the benefits of owning Hana Microelectronics security.