Stocksplus Total Return Fund Statistic Functions Pearson Correlation Coefficient

PTOAX Fund  USD 12.81  0.09  0.71%   
Stocksplus Total statistic functions tool provides the execution environment for running the Pearson Correlation Coefficient function and other technical functions against Stocksplus Total. Stocksplus Total 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 Pearson Correlation Coefficient function function is designed to identify and follow existing trends. Stocksplus Total 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.

Function
Time Period
Execute Function
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of Stocksplus Total Return and its benchmark or peer.

Stocksplus Total Technical Analysis Modules

Most technical analysis of Stocksplus Total 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 Stocksplus from various momentum indicators to cycle indicators. When you analyze Stocksplus 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 Stocksplus Total 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 Stocksplus Total Return. We use our internally-developed statistical techniques to arrive at the intrinsic value of Stocksplus Total Return based on widely used predictive technical indicators. In general, we focus on analyzing Stocksplus Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Stocksplus Total'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 Stocksplus Total's intrinsic value. In addition to deriving basic predictive indicators for Stocksplus Total, we also check how macroeconomic factors affect Stocksplus Total price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
12.0312.8113.59
Details
Intrinsic
Valuation
LowRealHigh
12.4413.2214.00
Details
Naive
Forecast
LowNextHigh
11.9112.6913.46
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.1212.5312.93
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Stocksplus Total. Your research has to be compared to or analyzed against Stocksplus Total's peers to derive any actionable benefits. When done correctly, Stocksplus Total'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 Stocksplus Total Return.

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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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Stocksplus Total Return 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 Stocksplus Total 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 Stocksplus Total will appreciate offsetting losses from the drop in the long position's value.

Stocksplus Total Pair Trading

Stocksplus Total Return Pair Trading Analysis

Other Information on Investing in Stocksplus Mutual Fund

Stocksplus Total financial ratios help investors to determine whether Stocksplus Mutual Fund 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 Stocksplus with respect to the benefits of owning Stocksplus Total security.
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