Danang Rubber (Vietnam) Overlap Studies Bollinger Bands

DRC Stock   29,000  100.00  0.34%   
Danang Rubber overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against Danang Rubber. Danang Rubber 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 overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. Danang Rubber overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Danang Rubber middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Danang Rubber JSC. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Danang Rubber Technical Analysis Modules

Most technical analysis of Danang Rubber 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 Danang from various momentum indicators to cycle indicators. When you analyze Danang 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 Danang Rubber 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 Danang Rubber JSC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Danang Rubber JSC based on widely used predictive technical indicators. In general, we focus on analyzing Danang Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Danang Rubber's daily price indicators and compare them against related drivers, such as overlap studies 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 Danang Rubber's intrinsic value. In addition to deriving basic predictive indicators for Danang Rubber, we also check how macroeconomic factors affect Danang Rubber price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
28,99929,00029,001
Details
Intrinsic
Valuation
LowRealHigh
28,70928,71031,900
Details
Naive
Forecast
LowNextHigh
29,19829,19929,200
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26,84028,14529,450
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 Idea Analyzer Now

   

Idea Analyzer

Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
All  Next Launch Module

Danang Rubber JSC 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 Danang Rubber 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 Danang Rubber will appreciate offsetting losses from the drop in the long position's value.

Danang Rubber Pair Trading

Danang Rubber JSC Pair Trading Analysis

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

Danang Rubber financial ratios help investors to determine whether Danang 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 Danang with respect to the benefits of owning Danang Rubber security.