Consumer Goods Ultrasector Fund Momentum Indicators Minus Directional Indicator

CNPIX Fund  USD 80.24  0.52  0.65%   
Consumer Goods momentum indicators tool provides the execution environment for running the Minus Directional Indicator indicator and other technical functions against Consumer Goods. Consumer Goods 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 Minus Directional Indicator indicator function is designed to identify and follow existing trends. Momentum indicators of Consumer Goods are pattern recognition functions that provide distinct formation on Consumer Goods 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 three with a total number of output elements of fifty-eight. The Minus Directional indicator describes the rate of negative changes that contributes to the overall Consumer Goods Ultra price trend.

Consumer Goods Technical Analysis Modules

Most technical analysis of Consumer Goods 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 Consumer from various momentum indicators to cycle indicators. When you analyze Consumer 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 Consumer Goods 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 Consumer Goods Ultrasector. We use our internally-developed statistical techniques to arrive at the intrinsic value of Consumer Goods Ultrasector based on widely used predictive technical indicators. In general, we focus on analyzing Consumer Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Consumer Goods'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 Consumer Goods's intrinsic value. In addition to deriving basic predictive indicators for Consumer Goods, we also check how macroeconomic factors affect Consumer Goods price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
79.3980.2481.09
Details
Intrinsic
Valuation
LowRealHigh
79.2380.0880.93
Details
Naive
Forecast
LowNextHigh
78.4079.2680.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
79.5679.9880.41
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.

Did you try this?

Run Fundamental Analysis Now

   

Fundamental Analysis

View fundamental data based on most recent published financial statements
All  Next Launch Module

Consumer Goods Ultra 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 Consumer Goods 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 Consumer Goods will appreciate offsetting losses from the drop in the long position's value.

Consumer Goods Pair Trading

Consumer Goods Ultrasector Pair Trading Analysis

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

Consumer Goods financial ratios help investors to determine whether Consumer Mutual Fund 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 Consumer with respect to the benefits of owning Consumer Goods security.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios