EURODRY (Germany) Overlap Studies MidPoint over period

0LQ Stock  EUR 13.60  0.80  6.25%   
EURODRY overlap studies tool provides the execution environment for running the MidPoint over period study and other technical functions against EURODRY. EURODRY 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 MidPoint over period study function is designed to identify and follow existing trends. EURODRY 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.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Mid-point over period is an average of EURODRY LTD DL highest and lowest values attained during the given period.

EURODRY Technical Analysis Modules

Most technical analysis of EURODRY 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 EURODRY from various momentum indicators to cycle indicators. When you analyze EURODRY 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 EURODRY 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 EURODRY LTD DL. We use our internally-developed statistical techniques to arrive at the intrinsic value of EURODRY LTD DL based on widely used predictive technical indicators. In general, we focus on analyzing EURODRY Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EURODRY'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 EURODRY's intrinsic value. In addition to deriving basic predictive indicators for EURODRY, we also check how macroeconomic factors affect EURODRY price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
11.1013.6016.10
Details
Intrinsic
Valuation
LowRealHigh
9.8312.3314.83
Details

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EURODRY LTD DL 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 EURODRY 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 EURODRY will appreciate offsetting losses from the drop in the long position's value.

EURODRY Pair Trading

EURODRY LTD DL Pair Trading Analysis

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

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