Odyssey Group International Stock Statistic Functions Linear Regression Angle
| ODYY Stock | USD 0.03 0.01 25.00% |
| Symbol |
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Linear Regression Angle indicator plots the angel of the trend line for each Odyssey Group Intern data point.
Odyssey Group Technical Analysis Modules
Most technical analysis of Odyssey Group 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 Odyssey from various momentum indicators to cycle indicators. When you analyze Odyssey 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Odyssey Group 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 Odyssey Group International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Odyssey Group International based on widely used predictive technical indicators. In general, we focus on analyzing Odyssey Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Odyssey Group'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 Odyssey Group's intrinsic value. In addition to deriving basic predictive indicators for Odyssey Group, we also check how macroeconomic factors affect Odyssey Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Odyssey Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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 Portfolio Manager Now
Portfolio ManagerState of the art Portfolio Manager to monitor and improve performance of your invested capital |
| All Next | Launch Module |
Odyssey Group Intern 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 Odyssey Group 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 Odyssey Group will appreciate offsetting losses from the drop in the long position's value.Odyssey Group Pair Trading
Odyssey Group International Pair Trading Analysis
The ability to find closely correlated positions to Odyssey Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Odyssey Group 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 Odyssey Group - 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 Odyssey Group International to buy it.
The correlation of Odyssey Group 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 Odyssey Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Odyssey Group Intern 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 Odyssey Group 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.Additional Tools for Odyssey Pink Sheet Analysis
When running Odyssey Group's price analysis, check to measure Odyssey Group'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 Odyssey Group is operating at the current time. Most of Odyssey Group's value examination focuses on studying past and present price action to predict the probability of Odyssey Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odyssey Group's price. Additionally, you may evaluate how the addition of Odyssey Group to your portfolios can decrease your overall portfolio volatility.