HIM International (Taiwan) Overlap Studies Hilbert Transform Instantaneous Trendline

8446 Stock  TWD 122.50  1.00  0.81%   
HIM International overlap studies tool provides the execution environment for running the Hilbert Transform Instantaneous Trendline study and other technical functions against HIM International. HIM International 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 Hilbert Transform Instantaneous Trendline study function is designed to identify and follow existing trends. HIM International overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques.

Study
The minimum time period for execution of this function requires larger time horizon. Please increase the time horizon for this function. The output start index for this execution was zero with a total number of output elements of zero. The Instantaneous Trendline is a moving-average-like indicator which is formed by removing the Dominant Cycle from HIM International Music price series.

HIM International Technical Analysis Modules

Most technical analysis of HIM International 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 HIM from various momentum indicators to cycle indicators. When you analyze HIM 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 HIM International 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 HIM International Music. We use our internally-developed statistical techniques to arrive at the intrinsic value of HIM International Music based on widely used predictive technical indicators. In general, we focus on analyzing HIM Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build HIM International'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 HIM International's intrinsic value. In addition to deriving basic predictive indicators for HIM International, we also check how macroeconomic factors affect HIM International price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
121.89123.50125.11
Details
Intrinsic
Valuation
LowRealHigh
100.87102.48135.85
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 Pattern Recognition Now

   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Module

HIM International Music 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 HIM International 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 HIM International will appreciate offsetting losses from the drop in the long position's value.

HIM International Pair Trading

HIM International Music Pair Trading Analysis

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

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