Analysis ^explained

    Why are analysis important?

Stock pattern analysis appear to donate important component when attempting to predict current and near future market movements. We base our analyses on few common fundamentals built of market demand and supply which also provide base for stock price and overall market movement. Here are some of analysis we provide:

  TCI (trend index of correlation)

TCI index is ratio of cross-correlated signal with itself in an attempt to determine how random the price movements truly is. How can one test randomness? Consider this: if a time series is truly random, then the past and future are unrelated. To determine the extent to which two signals are related – we project one onto another. To check randomness, one could take a segment of the past, and project it onto present or future. We expect the component of past to future to be zero and present onto present, past onto past ought to be large. In short, TCI index represents correlation of multiple time spans summarized in ranges between 100% to 0 to -100% (as opposed to 1 to 0 to -1). So larger TCI translates to larger confidence of predicted price range.

  Kdex (Kazibu Index)

KI is an index which attempts to summarize weight, importance and relationship of all calculated indexes and numbers. It's purpose is to create a single number that is directly proportional to overall quality of predictability.

  TrendRng (trend range)

TrendRng is an attempt to predict trading range for short term price movementa within the time span of 10 - 15 trading day's.

  STD (Standard Deviation)

^{quote from WIKIPEDIA}"In simple terms, STD shows how much variation there is from the "average" (mean). It may be thought of as the average difference of the scores from the mean of distribution, how far they are away from the mean. A low standard deviation indicates that the data points tend to be very close to the mean, whereas high standard deviation indicates that the data are spread out over a large range of values." In short, smaller STD number should correlate to smaller spread of price deviations from it's projected trend movement.

  CorSl (Correlated Slope Indexes)

^{quote from WIKIPEDIA}"The slope is defined as the ratio of the "rise" divided by the "run" between two points on a line, or in other words, the ratio of the altitude change to the horizontal distance between any two points on the line." In short, CorSl is a value that attempts to project average slope/movement of few time-spans. Larger CorSl value should have direct correlation with more gain in shorter period of time.