Camino Minerals Stock Math Transform Tangent Of Price Series

COR Stock  CAD 0.05  0.01  25.00%   
Camino Minerals math transform tool provides the execution environment for running the Tangent Of Price Series transformation and other technical functions against Camino Minerals. Camino Minerals 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 math transform indicators. As with most other technical indicators, the Tangent Of Price Series transformation function is designed to identify and follow existing trends. Analysts that use price transformation techniques rely on the belief that biggest profits from investing in Camino Minerals can be made when Camino Minerals shifts in price trends from positive to negative or vice versa.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Camino Minerals Tangent Of Price Series is a trigonometric price transformation method

Camino Minerals Technical Analysis Modules

Most technical analysis of Camino Minerals 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 Camino from various momentum indicators to cycle indicators. When you analyze Camino 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 Camino Minerals 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 Camino Minerals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Camino Minerals based on widely used predictive technical indicators. In general, we focus on analyzing Camino Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Camino Minerals's daily price indicators and compare them against related drivers, such as math transform 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 Camino Minerals's intrinsic value. In addition to deriving basic predictive indicators for Camino Minerals, we also check how macroeconomic factors affect Camino Minerals price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
PB Ratio0.92.812.532.66
Capex To Depreciation1.060.01160.06750.0641
Hype
Prediction
LowEstimatedHigh
0.000.055.25
Details
Intrinsic
Valuation
LowRealHigh
0.000.045.24
Details
Naive
Forecast
LowNextHigh
00.055.25
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.030.040.05
Details

Learn to be your own money manager

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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Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
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Camino Minerals 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 Camino Minerals 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 Camino Minerals will appreciate offsetting losses from the drop in the long position's value.

Camino Minerals Pair Trading

Camino Minerals Pair Trading Analysis

The ability to find closely correlated positions to Camino Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Camino Minerals 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 Camino Minerals - 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 Camino Minerals to buy it.
The correlation of Camino Minerals 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 Camino Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Camino Minerals 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 Camino Minerals 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

Additional Tools for Camino Stock Analysis

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