NMI Holdings (Germany) Overlap Studies All Moving Average

6NM Stock  EUR 36.40  0.40  1.09%   
NMI Holdings overlap studies tool provides the execution environment for running the All Moving Average study and other technical functions against NMI Holdings. NMI Holdings 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 overlap studies indicators. As with most other technical indicators, the All Moving Average study function is designed to identify and follow existing trends. NMI Holdings overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period and MA Type to execute this module.

The output start index for this execution was zero with a total number of output elements of sixty-one. The Moving Average is predictive technique used to analyze NMI Holdings price data points by creating a series of averages of different subsets of NMI Holdings entire price series.

NMI Holdings Technical Analysis Modules

Most technical analysis of NMI Holdings 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 NMI from various momentum indicators to cycle indicators. When you analyze NMI 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 NMI Holdings 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 NMI Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of NMI Holdings based on widely used predictive technical indicators. In general, we focus on analyzing NMI Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NMI Holdings's daily price indicators and compare them against related drivers, such as overlap studies 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 NMI Holdings's intrinsic value. In addition to deriving basic predictive indicators for NMI Holdings, we also check how macroeconomic factors affect NMI Holdings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
34.6936.4038.11
Details
Intrinsic
Valuation
LowRealHigh
28.6630.3740.04
Details

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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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NMI Holdings 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 NMI Holdings 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 NMI Holdings will appreciate offsetting losses from the drop in the long position's value.

NMI Holdings Pair Trading

NMI Holdings Pair Trading Analysis

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

When determining whether NMI Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NMI Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nmi Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nmi Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in NMI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in NMI Stock please use our How to Invest in NMI Holdings guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Please note, there is a significant difference between NMI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NMI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NMI Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.