VALE OVERSEAS LTD Momentum Indicators Average Directional Movement Index

91911TAH6   105.72  4.18  3.80%   
91911TAH6 momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against 91911TAH6. 91911TAH6 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 91911TAH6 are pattern recognition functions that provide distinct formation on 91911TAH6 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 fourty-seven with a total number of output elements of fourteen. The average directional index (ADX) measures the strength of a prevailing trend of VALE OVERSEAS LTD and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low 91911TAH6 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

91911TAH6 Technical Analysis Modules

Most technical analysis of 91911TAH6 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 91911TAH6 from various momentum indicators to cycle indicators. When you analyze 91911TAH6 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 91911TAH6 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 VALE OVERSEAS LTD. We use our internally-developed statistical techniques to arrive at the intrinsic value of VALE OVERSEAS LTD based on widely used predictive technical indicators. In general, we focus on analyzing 91911TAH6 Bond price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 91911TAH6'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 91911TAH6's intrinsic value. In addition to deriving basic predictive indicators for 91911TAH6, we also check how macroeconomic factors affect 91911TAH6 price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
104.15105.72107.29
Details
Intrinsic
Valuation
LowRealHigh
104.70106.27107.84
Details
Naive
Forecast
LowNextHigh
102.64104.21105.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
103.43108.09112.75
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 91911TAH6. Your research has to be compared to or analyzed against 91911TAH6's peers to derive any actionable benefits. When done correctly, 91911TAH6'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 VALE OVERSEAS LTD.

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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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VALE OVERSEAS LTD 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 91911TAH6 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 91911TAH6 will appreciate offsetting losses from the drop in the long position's value.

91911TAH6 Pair Trading

VALE OVERSEAS LTD Pair Trading Analysis

The ability to find closely correlated positions to 91911TAH6 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 91911TAH6 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 91911TAH6 - 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 VALE OVERSEAS LTD to buy it.
The correlation of 91911TAH6 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 91911TAH6 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if VALE OVERSEAS LTD 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 91911TAH6 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 91911TAH6 Bond

91911TAH6 financial ratios help investors to determine whether 91911TAH6 Bond 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 91911TAH6 with respect to the benefits of owning 91911TAH6 security.