Hyundai Home (Korea) Statistic Functions Beta

057050 Stock   46,650  1,450  3.21%   
Hyundai Home statistic functions tool provides the execution environment for running the Beta function and other technical functions against Hyundai Home. Hyundai Home 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 statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Hyundai Home statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Hyundai Home Shopping correlated with the market. If Beta is less than 0 Hyundai Home generally moves in the opposite direction as compared to the market. If Hyundai Home Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hyundai Home Shopping is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hyundai Home is generally in the same direction as the market. If Beta > 1 Hyundai Home moves generally in the same direction as, but more than the movement of the benchmark.

Hyundai Home Technical Analysis Modules

Most technical analysis of Hyundai Home 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 Hyundai from various momentum indicators to cycle indicators. When you analyze Hyundai 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 Hyundai Home 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 Hyundai Home Shopping. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hyundai Home Shopping based on widely used predictive technical indicators. In general, we focus on analyzing Hyundai Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hyundai Home's daily price indicators and compare them against related drivers, such as statistic functions 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 Hyundai Home's intrinsic value. In addition to deriving basic predictive indicators for Hyundai Home, we also check how macroeconomic factors affect Hyundai Home price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
46,64946,65046,651
Details
Intrinsic
Valuation
LowRealHigh
38,66038,66151,315
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hyundai Home. Your research has to be compared to or analyzed against Hyundai Home's peers to derive any actionable benefits. When done correctly, Hyundai Home's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hyundai Home Shopping.

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Hyundai Home Shopping 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 Hyundai Home 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 Hyundai Home will appreciate offsetting losses from the drop in the long position's value.

Hyundai Home Pair Trading

Hyundai Home Shopping Pair Trading Analysis

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

Hyundai Home financial ratios help investors to determine whether Hyundai 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 Hyundai with respect to the benefits of owning Hyundai Home security.