Medikaloka Hermina (Indonesia) Momentum Indicators Average Directional Movement Index
| HEAL Stock | IDR 1,280 5.00 0.39% |
| Symbol |
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The average directional index (ADX) measures the strength of a prevailing trend of Medikaloka Hermina and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Medikaloka Hermina ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator
Medikaloka Hermina Technical Analysis Modules
Most technical analysis of Medikaloka Hermina 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 Medikaloka from various momentum indicators to cycle indicators. When you analyze Medikaloka 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 Medikaloka Hermina 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 Medikaloka Hermina PT. We use our internally-developed statistical techniques to arrive at the intrinsic value of Medikaloka Hermina PT based on widely used predictive technical indicators. In general, we focus on analyzing Medikaloka Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Medikaloka Hermina's daily price indicators and compare them against related drivers, such as momentum 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 Medikaloka Hermina's intrinsic value. In addition to deriving basic predictive indicators for Medikaloka Hermina, we also check how macroeconomic factors affect Medikaloka Hermina 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 Medikaloka Hermina'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 Pair Correlation Now
Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments |
| All Next | Launch Module |
Medikaloka Hermina 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 Medikaloka Hermina 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 Medikaloka Hermina will appreciate offsetting losses from the drop in the long position's value.Medikaloka Hermina Pair Trading
Medikaloka Hermina PT Pair Trading Analysis
The ability to find closely correlated positions to Medikaloka Hermina could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medikaloka Hermina 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 Medikaloka Hermina - 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 Medikaloka Hermina PT to buy it.
The correlation of Medikaloka Hermina 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 Medikaloka Hermina moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medikaloka Hermina 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 Medikaloka Hermina 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Medikaloka Hermina PT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Medikaloka Stock analysis
When running Medikaloka Hermina's price analysis, check to measure Medikaloka Hermina'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 Medikaloka Hermina is operating at the current time. Most of Medikaloka Hermina's value examination focuses on studying past and present price action to predict the probability of Medikaloka Hermina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medikaloka Hermina's price. Additionally, you may evaluate how the addition of Medikaloka Hermina to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |