Atenor SA (Belgium) Overlap Studies Exponential Moving Average

ATEB Stock  EUR 4.03  0.02  0.50%   
Atenor SA overlap studies tool provides the execution environment for running the Exponential Moving Average study and other technical functions against Atenor SA. Atenor SA 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. Atenor SA 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 eleven with a total number of output elements of fifty. The Exponential Moving Average is calculated by weighting recent values of Atenor SA more heavily than older values.

Atenor SA Technical Analysis Modules

Most technical analysis of Atenor SA 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 Atenor from various momentum indicators to cycle indicators. When you analyze Atenor 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 Atenor SA 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 Atenor SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Atenor SA based on widely used predictive technical indicators. In general, we focus on analyzing Atenor Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Atenor SA'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 Atenor SA's intrinsic value. In addition to deriving basic predictive indicators for Atenor SA, we also check how macroeconomic factors affect Atenor SA price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
1.904.036.16
Details
Intrinsic
Valuation
LowRealHigh
1.563.695.82
Details
Naive
Forecast
LowNextHigh
1.623.755.88
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.874.134.39
Details

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Atenor SA 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 Atenor SA 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 Atenor SA will appreciate offsetting losses from the drop in the long position's value.

Atenor SA Pair Trading

Atenor SA Pair Trading Analysis

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

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