Erria AS (Denmark) Overlap Studies All Moving Average

ERRIA Stock  DKK 3.00  0.02  0.66%   
Erria AS overlap studies tool provides the execution environment for running the All Moving Average study and other technical functions against Erria AS. Erria AS 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. Erria AS 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 Erria AS price data points by creating a series of averages of different subsets of Erria AS entire price series.

Erria AS Technical Analysis Modules

Most technical analysis of Erria AS 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 Erria from various momentum indicators to cycle indicators. When you analyze Erria 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 Erria AS 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 Erria AS. We use our internally-developed statistical techniques to arrive at the intrinsic value of Erria AS based on widely used predictive technical indicators. In general, we focus on analyzing Erria Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Erria AS'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 Erria AS's intrinsic value. In addition to deriving basic predictive indicators for Erria AS, we also check how macroeconomic factors affect Erria AS price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.403.005.60
Details
Intrinsic
Valuation
LowRealHigh
0.012.615.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Erria AS. Your research has to be compared to or analyzed against Erria AS's peers to derive any actionable benefits. When done correctly, Erria AS'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 Erria AS.

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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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Erria AS 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 Erria AS 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 Erria AS will appreciate offsetting losses from the drop in the long position's value.

Erria AS Pair Trading

Erria AS Pair Trading Analysis

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

Erria AS financial ratios help investors to determine whether Erria 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 Erria with respect to the benefits of owning Erria AS security.