AKAMAI TECHNDRN (Brazil) Statistic Functions Beta

AKAMAI TECHNDRN statistic functions tool provides the execution environment for running the Beta function and other technical functions against AKAMAI TECHNDRN. AKAMAI TECHNDRN 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 Beta function function is designed to identify and follow existing trends. AKAMAI TECHNDRN 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.

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AKAMAI TECHNDRN Technical Analysis Modules

Most technical analysis of AKAMAI TECHNDRN 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 AKAMAI from various momentum indicators to cycle indicators. When you analyze AKAMAI 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.

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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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Performance Analysis

Check effects of mean-variance optimization against your current asset allocation
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AKAMAI TECHNDRN 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 AKAMAI TECHNDRN 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 AKAMAI TECHNDRN will appreciate offsetting losses from the drop in the long position's value.

AKAMAI TECHNDRN Pair Trading

AKAMAI TECHNDRN Pair Trading Analysis

The ability to find closely correlated positions to Devon Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Devon Energy 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 Devon Energy - 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 Devon Energy Corp to buy it.
The correlation of Devon Energy is a statistical measure of how it moves in relation to other equities. 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 Devon Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Devon Energy Corp 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 Devon Energy 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. Note that the AKAMAI TECHNDRN information on this page should be used as a complementary analysis to other AKAMAI TECHNDRN's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Other Tools for AKAMAI Stock

When running AKAMAI TECHNDRN price analysis, check to measure AKAMAI TECHNDRN'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 AKAMAI TECHNDRN is operating at the current time. Most of AKAMAI TECHNDRN's value examination focuses on studying past and present price action to predict the probability of AKAMAI TECHNDRN's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AKAMAI TECHNDRN's price. Additionally, you may evaluate how the addition of AKAMAI TECHNDRN to your portfolios can decrease your overall portfolio volatility.
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