OptipharmCOLTD (Korea) Overlap Studies Bollinger Bands

153710 Stock   6,690  10.00  0.15%   
OptipharmCOLTD overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against OptipharmCOLTD. OptipharmCOLTD 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 overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. OptipharmCOLTD overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. OptipharmCOLTD middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for OptipharmCOLTD. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

OptipharmCOLTD Technical Analysis Modules

Most technical analysis of OptipharmCOLTD 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 OptipharmCOLTD from various momentum indicators to cycle indicators. When you analyze OptipharmCOLTD 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 OptipharmCOLTD 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 OptipharmCOLTD. We use our internally-developed statistical techniques to arrive at the intrinsic value of OptipharmCOLTD based on widely used predictive technical indicators. In general, we focus on analyzing OptipharmCOLTD Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build OptipharmCOLTD's daily price indicators and compare them against related drivers, such as overlap studies 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 OptipharmCOLTD's intrinsic value. In addition to deriving basic predictive indicators for OptipharmCOLTD, we also check how macroeconomic factors affect OptipharmCOLTD 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 OptipharmCOLTD'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.
Hype
Prediction
LowEstimatedHigh
6,6896,6906,691
Details
Intrinsic
Valuation
LowRealHigh
6,0217,8687,869
Details
Naive
Forecast
LowNextHigh
7,0737,0747,076
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6,3716,6706,969
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as OptipharmCOLTD. Your research has to be compared to or analyzed against OptipharmCOLTD's peers to derive any actionable benefits. When done correctly, OptipharmCOLTD'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 OptipharmCOLTD.

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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.

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OptipharmCOLTD 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 OptipharmCOLTD 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 OptipharmCOLTD will appreciate offsetting losses from the drop in the long position's value.

OptipharmCOLTD Pair Trading

OptipharmCOLTD Pair Trading Analysis

The ability to find closely correlated positions to OptipharmCOLTD could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OptipharmCOLTD 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 OptipharmCOLTD - 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 OptipharmCOLTD to buy it.
The correlation of OptipharmCOLTD 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 OptipharmCOLTD moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OptipharmCOLTD 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 OptipharmCOLTD 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in OptipharmCOLTD. 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running OptipharmCOLTD's price analysis, check to measure OptipharmCOLTD'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 OptipharmCOLTD is operating at the current time. Most of OptipharmCOLTD's value examination focuses on studying past and present price action to predict the probability of OptipharmCOLTD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OptipharmCOLTD's price. Additionally, you may evaluate how the addition of OptipharmCOLTD to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between OptipharmCOLTD's value and its price as these two are different measures arrived at by different means. Investors typically determine if OptipharmCOLTD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OptipharmCOLTD's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.