Telkom SA (Germany) Pattern Recognition Three Black Crows
| TZL1 Stock | EUR 1.14 0.02 1.72% |
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Recognition |
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The function did not return any valid pattern recognition events for the selected time horizon. The Three Black Crows pattern can help to describe Telkom SA market downturn after the end of bull market.
Telkom SA Technical Analysis Modules
Most technical analysis of Telkom SA 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 Telkom from various momentum indicators to cycle indicators. When you analyze Telkom 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 | ||
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| Volume Indicators |
About Telkom SA 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 Telkom SA SOC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Telkom SA SOC based on widely used predictive technical indicators. In general, we focus on analyzing Telkom Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Telkom SA's daily price indicators and compare them against related drivers, such as pattern recognition 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 Telkom SA's intrinsic value. In addition to deriving basic predictive indicators for Telkom SA, we also check how macroeconomic factors affect Telkom SA 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 Telkom SA'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.
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Telkom SA SOC 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 Telkom SA 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 Telkom SA will appreciate offsetting losses from the drop in the long position's value.Telkom SA Pair Trading
Telkom SA SOC Pair Trading Analysis
The ability to find closely correlated positions to Telkom SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Telkom SA 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 Telkom SA - 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 Telkom SA SOC to buy it.
The correlation of Telkom SA 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 Telkom SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telkom SA SOC 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 Telkom SA 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Telkom SA SOC. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Telkom Stock analysis
When running Telkom SA's price analysis, check to measure Telkom SA'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 Telkom SA is operating at the current time. Most of Telkom SA's value examination focuses on studying past and present price action to predict the probability of Telkom SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telkom SA's price. Additionally, you may evaluate how the addition of Telkom SA to your portfolios can decrease your overall portfolio volatility.
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