Wanger International Wanger Fund Momentum Indicators Average Directional Movement Index

WSCAX Fund  USD 19.40  0.28  1.46%   
Wanger International momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Wanger International. Wanger International 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 momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Wanger International are pattern recognition functions that provide distinct formation on Wanger International potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was nineteen with a total number of output elements of fourty-two. The average directional index (ADX) measures the strength of a prevailing trend of Wanger International and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Wanger International ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Wanger International Technical Analysis Modules

Most technical analysis of Wanger International 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 Wanger from various momentum indicators to cycle indicators. When you analyze Wanger 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 Wanger International 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 Wanger International Wanger. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wanger International Wanger based on widely used predictive technical indicators. In general, we focus on analyzing Wanger Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wanger International's daily price indicators and compare them against related drivers, such as momentum 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 Wanger International's intrinsic value. In addition to deriving basic predictive indicators for Wanger International, we also check how macroeconomic factors affect Wanger International price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
18.4919.4020.31
Details
Intrinsic
Valuation
LowRealHigh
18.7319.6420.55
Details
Naive
Forecast
LowNextHigh
18.4119.3120.22
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.7319.0819.43
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wanger International. Your research has to be compared to or analyzed against Wanger International's peers to derive any actionable benefits. When done correctly, Wanger International'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 Wanger International.

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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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Wanger International 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 Wanger International 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 Wanger International will appreciate offsetting losses from the drop in the long position's value.

Wanger International Pair Trading

Wanger International Wanger Pair Trading Analysis

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

Other Information on Investing in Wanger Mutual Fund

Wanger International financial ratios help investors to determine whether Wanger Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wanger with respect to the benefits of owning Wanger International security.
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