CK HUTCHISON (Germany) Overlap Studies Bollinger Bands

2CKA Stock  EUR 4.76  0.08  1.71%   
CK HUTCHISON overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against CK HUTCHISON. CK HUTCHISON 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 overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. CK HUTCHISON overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. CK HUTCHISON middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for CK HUTCHISON HLDGS. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

CK HUTCHISON Technical Analysis Modules

Most technical analysis of CK HUTCHISON 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 2CKA from various momentum indicators to cycle indicators. When you analyze 2CKA 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 CK HUTCHISON 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 CK HUTCHISON HLDGS. We use our internally-developed statistical techniques to arrive at the intrinsic value of CK HUTCHISON HLDGS based on widely used predictive technical indicators. In general, we focus on analyzing 2CKA Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CK HUTCHISON's daily price indicators and compare them against related drivers, such as overlap studies 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 CK HUTCHISON's intrinsic value. In addition to deriving basic predictive indicators for CK HUTCHISON, we also check how macroeconomic factors affect CK HUTCHISON price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
2.784.766.74
Details
Intrinsic
Valuation
LowRealHigh
2.844.826.80
Details
Naive
Forecast
LowNextHigh
2.754.736.71
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.594.654.71
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CK HUTCHISON. Your research has to be compared to or analyzed against CK HUTCHISON's peers to derive any actionable benefits. When done correctly, CK HUTCHISON'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 CK HUTCHISON HLDGS.

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.

Did you try this?

Run Instant Ratings Now

   

Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

CK HUTCHISON HLDGS 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 CK HUTCHISON 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 CK HUTCHISON will appreciate offsetting losses from the drop in the long position's value.

CK HUTCHISON Pair Trading

CK HUTCHISON HLDGS Pair Trading Analysis

The ability to find closely correlated positions to CK HUTCHISON could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CK HUTCHISON 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 CK HUTCHISON - 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 CK HUTCHISON HLDGS to buy it.
The correlation of CK HUTCHISON 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 CK HUTCHISON moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CK HUTCHISON HLDGS 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 CK HUTCHISON 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 2CKA Stock

CK HUTCHISON financial ratios help investors to determine whether 2CKA Stock 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 2CKA with respect to the benefits of owning CK HUTCHISON security.