METRO AG (UK) Overlap Studies Exponential Moving Average

0RTE Stock   4.25  0.01  0.23%   
METRO AG overlap studies tool provides the execution environment for running the Exponential Moving Average study and other technical functions against METRO AG. METRO AG 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 Exponential Moving Average study function is designed to identify and follow existing trends. METRO AG overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

The output start index for this execution was two with a total number of output elements of fifty-nine. The Exponential Moving Average is calculated by weighting recent values of METRO AG more heavily than older values.

METRO AG Technical Analysis Modules

Most technical analysis of METRO AG 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 METRO from various momentum indicators to cycle indicators. When you analyze METRO 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 METRO AG 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 METRO AG. We use our internally-developed statistical techniques to arrive at the intrinsic value of METRO AG based on widely used predictive technical indicators. In general, we focus on analyzing METRO Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build METRO AG'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 METRO AG's intrinsic value. In addition to deriving basic predictive indicators for METRO AG, we also check how macroeconomic factors affect METRO AG price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
2.764.255.74
Details
Intrinsic
Valuation
LowRealHigh
2.934.425.91
Details
Naive
Forecast
LowNextHigh
2.684.175.66
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.244.254.26
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.

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METRO AG 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 METRO AG 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 METRO AG will appreciate offsetting losses from the drop in the long position's value.

METRO AG Pair Trading

METRO AG Pair Trading Analysis

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

When running METRO AG's price analysis, check to measure METRO AG's 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 METRO AG is operating at the current time. Most of METRO AG's value examination focuses on studying past and present price action to predict the probability of METRO AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move METRO AG's price. Additionally, you may evaluate how the addition of METRO AG to your portfolios can decrease your overall portfolio volatility.