Grand River Commerce Stock Volatility Indicators Average True Range
GNRV Stock | USD 2.95 0.10 3.28% |
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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Grand River Commerce volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Grand River Technical Analysis Modules
Most technical analysis of Grand River 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 Grand from various momentum indicators to cycle indicators. When you analyze Grand 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 | ||
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About Grand River 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 Grand River Commerce. We use our internally-developed statistical techniques to arrive at the intrinsic value of Grand River Commerce based on widely used predictive technical indicators. In general, we focus on analyzing Grand OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Grand River's daily price indicators and compare them against related drivers, such as volatility indicators 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 Grand River's intrinsic value. In addition to deriving basic predictive indicators for Grand River, we also check how macroeconomic factors affect Grand River price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Grand River Commerce 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 Grand River 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 Grand River will appreciate offsetting losses from the drop in the long position's value.Grand River Pair Trading
Grand River Commerce Pair Trading Analysis
The ability to find closely correlated positions to Grand River could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grand River 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 Grand River - 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 Grand River Commerce to buy it.
The correlation of Grand River 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 Grand River moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grand River Commerce 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 Grand River 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 Grand OTC Stock Analysis
When running Grand River's price analysis, check to measure Grand River'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 Grand River is operating at the current time. Most of Grand River's value examination focuses on studying past and present price action to predict the probability of Grand River's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand River's price. Additionally, you may evaluate how the addition of Grand River to your portfolios can decrease your overall portfolio volatility.