Manitex International Stock Overlap Studies Bollinger Bands
| MNTX Stock | USD 5.73 0.01 0.17% |
| Symbol |
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Manitex International 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 Manitex International. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Manitex International Technical Analysis Modules
Most technical analysis of Manitex 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 Manitex from various momentum indicators to cycle indicators. When you analyze Manitex 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 | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Manitex 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 Manitex International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Manitex International based on widely used predictive technical indicators. In general, we focus on analyzing Manitex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Manitex International'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 Manitex International's intrinsic value. In addition to deriving basic predictive indicators for Manitex International, we also check how macroeconomic factors affect Manitex International 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) | Payables Turnover | 4.05 | 4.9 | 4.81 | 6.46 | Days Of Inventory On Hand | 132.76 | 113.82 | 131.21 | 103.62 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Manitex International'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.
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 Idea Breakdown Now
Idea BreakdownAnalyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
| All Next | Launch Module |
Manitex 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 Manitex 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 Manitex International will appreciate offsetting losses from the drop in the long position's value.Manitex International Pair Trading
Manitex International Pair Trading Analysis
The ability to find closely correlated positions to Manitex 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 Manitex 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 Manitex 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 Manitex International to buy it.
The correlation of Manitex 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 Manitex International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manitex 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 Manitex 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.Additional Tools for Manitex Stock Analysis
When running Manitex International's price analysis, check to measure Manitex International'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 Manitex International is operating at the current time. Most of Manitex International's value examination focuses on studying past and present price action to predict the probability of Manitex International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manitex International's price. Additionally, you may evaluate how the addition of Manitex International to your portfolios can decrease your overall portfolio volatility.