Pace Alternative Strategies Fund Overlap Studies Bollinger Bands

PASIX Fund  USD 11.47  0.02  0.17%   
Pace Alternative overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against Pace Alternative. Pace Alternative 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. Pace Alternative 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 nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Pace Alternative 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 Pace Alternative Str. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Pace Alternative Technical Analysis Modules

Most technical analysis of Pace Alternative 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 PACE from various momentum indicators to cycle indicators. When you analyze PACE 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 Pace Alternative 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 Pace Alternative Strategies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pace Alternative Strategies based on widely used predictive technical indicators. In general, we focus on analyzing PACE Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pace Alternative'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 Pace Alternative's intrinsic value. In addition to deriving basic predictive indicators for Pace Alternative, we also check how macroeconomic factors affect Pace Alternative price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
11.2111.4511.69
Details
Intrinsic
Valuation
LowRealHigh
10.2610.5012.60
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.

Did you try this?

Run Analyst Advice Now

   

Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
All  Next Launch Module

Pace Alternative Str 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 Pace Alternative 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 Pace Alternative will appreciate offsetting losses from the drop in the long position's value.

Pace Alternative Pair Trading

Pace Alternative Strategies Pair Trading Analysis

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

Pace Alternative financial ratios help investors to determine whether PACE Mutual Fund 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 PACE with respect to the benefits of owning Pace Alternative security.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing