Americanas (Brazil) Momentum Indicators MACD with controllable MA type
| AMER3 Stock | 8.70 1.12 14.78% |
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The output start index for this execution was thirty-three with a total number of output elements of twenty-eight. MACD with controllable MA type is a predictive momentum indicator that shows the relationship between Americanas SA price series and its benchmark allowing for selection of moving average.
Americanas Technical Analysis Modules
Most technical analysis of Americanas 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 Americanas from various momentum indicators to cycle indicators. When you analyze Americanas 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 | ||
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Americanas SA 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 Americanas 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 Americanas will appreciate offsetting losses from the drop in the long position's value.Americanas Pair Trading
Americanas SA Pair Trading Analysis
The ability to find closely correlated positions to Americanas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Americanas 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 Americanas - 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 Americanas SA to buy it.
The correlation of Americanas 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 Americanas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Americanas SA 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 Americanas 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 Americanas Stock Analysis
When running Americanas' price analysis, check to measure Americanas' 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 Americanas is operating at the current time. Most of Americanas' value examination focuses on studying past and present price action to predict the probability of Americanas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Americanas' price. Additionally, you may evaluate how the addition of Americanas to your portfolios can decrease your overall portfolio volatility.