Europris ASA (Norway) Overlap Studies Simple Moving Average

EPR Stock  NOK 64.35  0.45  0.70%   
Europris ASA overlap studies tool provides the execution environment for running the Simple Moving Average study and other technical functions against Europris ASA. Europris ASA 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 Simple Moving Average study function is designed to identify and follow existing trends. Europris ASA 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 Simple Moving Average indicator is calculated by adding the closing price of Europris ASA for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Europris ASA short-term fluctuations and highlight longer-term trends or cycles.

Europris ASA Technical Analysis Modules

Most technical analysis of Europris ASA 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 Europris from various momentum indicators to cycle indicators. When you analyze Europris 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 Europris ASA 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 Europris ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Europris ASA based on widely used predictive technical indicators. In general, we focus on analyzing Europris Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Europris ASA'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 Europris ASA's intrinsic value. In addition to deriving basic predictive indicators for Europris ASA, we also check how macroeconomic factors affect Europris ASA price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
63.2464.3565.46
Details
Intrinsic
Valuation
LowRealHigh
57.9265.8666.97
Details
Naive
Forecast
LowNextHigh
62.9364.0465.15
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
63.2766.9970.70
Details

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Europris ASA 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 Europris ASA 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 Europris ASA will appreciate offsetting losses from the drop in the long position's value.

Europris ASA Pair Trading

Europris ASA Pair Trading Analysis

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

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