Prime Oil (Taiwan) Cycle Indicators Hilbert Transform Dominant Cycle Period

2904 Stock  TWD 18.30  0.05  0.27%   
Prime Oil cycle indicators tool provides the execution environment for running the Hilbert Transform Dominant Cycle Period indicator and other technical functions against Prime Oil. Prime Oil 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 cycle indicators indicators. As with most other technical indicators, the Hilbert Transform Dominant Cycle Period indicator function is designed to identify and follow existing trends. Cycle Indicators are used by chartists in order to analyze variations of the instantaneous phase or amplitude of Prime Oil price series.

Indicator
The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The Hilbert Transform - Dominant Cycle Period indicator is used to generate in-phase and quadrature components of Prime Oil Chemical price series in order to analyze variations of the instantaneous cycles.

Prime Oil Technical Analysis Modules

Most technical analysis of Prime Oil 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 Prime from various momentum indicators to cycle indicators. When you analyze Prime 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 Prime Oil 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 Prime Oil Chemical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prime Oil Chemical based on widely used predictive technical indicators. In general, we focus on analyzing Prime Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Prime Oil's daily price indicators and compare them against related drivers, such as cycle 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 Prime Oil's intrinsic value. In addition to deriving basic predictive indicators for Prime Oil, we also check how macroeconomic factors affect Prime Oil 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 Prime Oil'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
17.9218.3018.68
Details
Intrinsic
Valuation
LowRealHigh
18.0218.4018.78
Details
Naive
Forecast
LowNextHigh
18.0318.4118.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.9918.1918.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Prime Oil. Your research has to be compared to or analyzed against Prime Oil's peers to derive any actionable benefits. When done correctly, Prime Oil'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 Prime Oil Chemical.

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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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Prime Oil Chemical 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 Prime Oil 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 Prime Oil will appreciate offsetting losses from the drop in the long position's value.

Prime Oil Pair Trading

Prime Oil Chemical Pair Trading Analysis

The ability to find closely correlated positions to Prime Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prime Oil 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 Prime Oil - 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 Prime Oil Chemical to buy it.
The correlation of Prime Oil 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 Prime Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prime Oil Chemical 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 Prime Oil 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 Prime Oil Chemical. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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