Suning Commerce (China) Pattern Recognition Two Crows
| 002024 Stock | 1.63 0.01 0.61% |
| Symbol |
Recognition |
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was twelve with a total number of output elements of fourty-nine. The function did not return any valid pattern recognition events for the selected time horizon. Two Crows is a 3-day pattern that warns about a possible future trend reversal for Suning Commerce Group.
Suning Commerce Technical Analysis Modules
Most technical analysis of Suning Commerce 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 Suning from various momentum indicators to cycle indicators. When you analyze Suning 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.| Cycle Indicators | ||
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About Suning Commerce 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 Suning Commerce Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Suning Commerce Group based on widely used predictive technical indicators. In general, we focus on analyzing Suning Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Suning Commerce's daily price indicators and compare them against related drivers, such as pattern recognition 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 Suning Commerce's intrinsic value. In addition to deriving basic predictive indicators for Suning Commerce, we also check how macroeconomic factors affect Suning Commerce price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Suning Commerce Group 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 Suning Commerce 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 Suning Commerce will appreciate offsetting losses from the drop in the long position's value.Suning Commerce Pair Trading
Suning Commerce Group Pair Trading Analysis
The ability to find closely correlated positions to Suning Commerce could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Suning Commerce 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 Suning Commerce - 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 Suning Commerce Group to buy it.
The correlation of Suning Commerce 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 Suning Commerce moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Suning Commerce Group 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 Suning Commerce 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.Other Information on Investing in Suning Stock
Suning Commerce financial ratios help investors to determine whether Suning 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 Suning with respect to the benefits of owning Suning Commerce security.