Eastparc Hotel (Indonesia) Pattern Recognition Long Legged Doji

EAST Stock   111.00  0.50  0.45%   
Eastparc Hotel pattern recognition tool provides the execution environment for running the Long Legged Doji recognition and other technical functions against Eastparc Hotel. Eastparc Hotel 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 pattern recognition indicators. As with most other technical indicators, the Long Legged Doji recognition function is designed to identify and follow existing trends. Eastparc Hotel momentum indicators are usually used to generate trading rules based on assumptions that Eastparc Hotel trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of sixteen valid pattern recognition events for the selected time horizon. The Long Legged Doji pattern shows Eastparc Hotel trend that describe the indecision of the buyers and sellers.

Eastparc Hotel Technical Analysis Modules

Most technical analysis of Eastparc Hotel 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 Eastparc from various momentum indicators to cycle indicators. When you analyze Eastparc 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 Eastparc Hotel 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 Eastparc Hotel Tbk. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eastparc Hotel Tbk based on widely used predictive technical indicators. In general, we focus on analyzing Eastparc Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eastparc Hotel's daily price indicators and compare them against related drivers, such as pattern recognition 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 Eastparc Hotel's intrinsic value. In addition to deriving basic predictive indicators for Eastparc Hotel, we also check how macroeconomic factors affect Eastparc Hotel price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
109.03111.00112.97
Details
Intrinsic
Valuation
LowRealHigh
108.00109.97111.94
Details
Naive
Forecast
LowNextHigh
112.64114.61116.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
100.10107.05114.00
Details

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Eastparc Hotel Tbk 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 Eastparc Hotel 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 Eastparc Hotel will appreciate offsetting losses from the drop in the long position's value.

Eastparc Hotel Pair Trading

Eastparc Hotel Tbk Pair Trading Analysis

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

Eastparc Hotel financial ratios help investors to determine whether Eastparc 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 Eastparc with respect to the benefits of owning Eastparc Hotel security.