Convenience Foods (Sri Lanka) Overlap Studies MAVP

SOYN0000  LKR 892.75  9.75  1.08%   
Convenience Foods overlap studies tool provides the execution environment for running the MAVP study and other technical functions against Convenience Foods. Convenience Foods 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 MAVP study function is designed to identify and follow existing trends. Convenience Foods overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Minimum Period, Maximum Period and MA Type to execute this model.

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two.

Convenience Foods Technical Analysis Modules

Most technical analysis of Convenience Foods 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 Convenience from various momentum indicators to cycle indicators. When you analyze Convenience 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 Convenience Foods 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 Convenience Foods PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Convenience Foods PLC based on widely used predictive technical indicators. In general, we focus on analyzing Convenience Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Convenience Foods'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 Convenience Foods's intrinsic value. In addition to deriving basic predictive indicators for Convenience Foods, we also check how macroeconomic factors affect Convenience Foods price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
890.95892.75894.55
Details
Intrinsic
Valuation
LowRealHigh
714.35716.15982.03
Details
Naive
Forecast
LowNextHigh
890.67892.46894.26
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
840.31863.81887.32
Details

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Convenience Foods PLC 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 Convenience Foods 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 Convenience Foods will appreciate offsetting losses from the drop in the long position's value.

Convenience Foods Pair Trading

Convenience Foods PLC Pair Trading Analysis

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

Convenience Foods financial ratios help investors to determine whether Convenience 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 Convenience with respect to the benefits of owning Convenience Foods security.