Weyco Group Stock Cycle Indicators Hilbert Transform Dominant Cycle Period

WEYS Stock  USD 36.45  0.42  1.17%   
Weyco cycle indicators tool provides the execution environment for running the Hilbert Transform Dominant Cycle Period indicator and other technical functions against Weyco. Weyco 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 cycle indicators indicators. As with most other technical indicators, the Hilbert Transform Dominant Cycle Period indicator function is designed to identify and follow existing trends. Cycle Indicators are used by chartists in order to analyze variations of the instantaneous phase or amplitude of Weyco price series.

Indicator
The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The Hilbert Transform - Dominant Cycle Period indicator is used to generate in-phase and quadrature components of Weyco Group price series in order to analyze variations of the instantaneous cycles.

Weyco Technical Analysis Modules

Most technical analysis of Weyco 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 Weyco from various momentum indicators to cycle indicators. When you analyze Weyco 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 Weyco 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 Weyco Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Weyco Group based on widely used predictive technical indicators. In general, we focus on analyzing Weyco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Weyco's daily price indicators and compare them against related drivers, such as cycle 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 Weyco's intrinsic value. In addition to deriving basic predictive indicators for Weyco, we also check how macroeconomic factors affect Weyco price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Dividend Yield0.03440.03130.0192
Price To Sales Ratio0.570.930.68
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Weyco'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.
Hype
Prediction
LowEstimatedHigh
33.3336.4039.47
Details
Intrinsic
Valuation
LowRealHigh
28.1031.1740.10
Details
Naive
Forecast
LowNextHigh
31.1034.1637.23
Details
0 Analysts
Consensus
LowTargetHigh
23.6626.0028.86
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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Weyco Group 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 Weyco 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 Weyco will appreciate offsetting losses from the drop in the long position's value.

Weyco Pair Trading

Weyco Group Pair Trading Analysis

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

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