EAGLE MATERIALS (Germany) Overlap Studies Bollinger Bands

E5M Stock  EUR 304.00  6.00  2.01%   
EAGLE MATERIALS overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against EAGLE MATERIALS. EAGLE MATERIALS 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 Bollinger Bands study function is designed to identify and follow existing trends. EAGLE MATERIALS overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. EAGLE MATERIALS middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for EAGLE MATERIALS. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

EAGLE MATERIALS Technical Analysis Modules

Most technical analysis of EAGLE MATERIALS 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 EAGLE from various momentum indicators to cycle indicators. When you analyze EAGLE 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 EAGLE MATERIALS 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 EAGLE MATERIALS. We use our internally-developed statistical techniques to arrive at the intrinsic value of EAGLE MATERIALS based on widely used predictive technical indicators. In general, we focus on analyzing EAGLE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EAGLE MATERIALS'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 EAGLE MATERIALS's intrinsic value. In addition to deriving basic predictive indicators for EAGLE MATERIALS, we also check how macroeconomic factors affect EAGLE MATERIALS price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
295.99298.00300.01
Details
Intrinsic
Valuation
LowRealHigh
268.20321.26323.27
Details
Naive
Forecast
LowNextHigh
289.25291.26293.28
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
280.16290.33300.51
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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EAGLE MATERIALS 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 EAGLE MATERIALS 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 EAGLE MATERIALS will appreciate offsetting losses from the drop in the long position's value.

EAGLE MATERIALS Pair Trading

EAGLE MATERIALS Pair Trading Analysis

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

When determining whether EAGLE MATERIALS is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if EAGLE Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eagle Materials Stock. Highlighted below are key reports to facilitate an investment decision about Eagle Materials Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EAGLE MATERIALS. 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 information on how to trade EAGLE Stock refer to our How to Trade EAGLE Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Please note, there is a significant difference between EAGLE MATERIALS's value and its price as these two are different measures arrived at by different means. Investors typically determine if EAGLE MATERIALS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EAGLE MATERIALS's 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.