Josef Manner (Austria) Momentum Indicators Average Directional Movement Index Rating

MAN Stock  EUR 104.00  4.00  3.70%   
Josef Manner momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against Josef Manner. Josef Manner 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 Rating indicator function is designed to identify and follow existing trends. Momentum indicators of Josef Manner are pattern recognition functions that provide distinct formation on Josef Manner 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 seven with a total number of output elements of fifty-four. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Josef Manner Comp is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Josef Manner ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

Josef Manner Technical Analysis Modules

Most technical analysis of Josef Manner 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 Josef from various momentum indicators to cycle indicators. When you analyze Josef 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 Josef Manner 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 Josef Manner Comp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Josef Manner Comp based on widely used predictive technical indicators. In general, we focus on analyzing Josef Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Josef Manner'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 Josef Manner's intrinsic value. In addition to deriving basic predictive indicators for Josef Manner, we also check how macroeconomic factors affect Josef Manner price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
102.20104.00105.80
Details
Intrinsic
Valuation
LowRealHigh
102.70104.50106.30
Details
Naive
Forecast
LowNextHigh
99.37101.17102.97
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
104.00104.00104.00
Details

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Josef Manner Comp 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 Josef Manner 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 Josef Manner will appreciate offsetting losses from the drop in the long position's value.

Josef Manner Pair Trading

Josef Manner Comp Pair Trading Analysis

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

Josef Manner financial ratios help investors to determine whether Josef 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 Josef with respect to the benefits of owning Josef Manner security.