Vaalco Energy Stock Pattern Recognition Long Legged Doji

EGY Stock  USD 5.41  0.06  1.12%   
Vaalco Energy pattern recognition tool provides the execution environment for running the Long Legged Doji recognition and other technical functions against Vaalco Energy. Vaalco Energy 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 pattern recognition indicators. As with most other technical indicators, the Long Legged Doji recognition function is designed to identify and follow existing trends. Vaalco Energy momentum indicators are usually used to generate trading rules based on assumptions that Vaalco Energy trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of five valid pattern recognition events for the selected time horizon. The Long Legged Doji pattern shows Vaalco Energy trend that describe the indecision of the buyers and sellers.

Vaalco Energy Technical Analysis Modules

Most technical analysis of Vaalco Energy 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 Vaalco from various momentum indicators to cycle indicators. When you analyze Vaalco 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 Vaalco Energy 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 Vaalco Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Vaalco Energy based on widely used predictive technical indicators. In general, we focus on analyzing Vaalco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Vaalco Energy'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 Vaalco Energy's intrinsic value. In addition to deriving basic predictive indicators for Vaalco Energy, we also check how macroeconomic factors affect Vaalco Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.05610.096
Price To Sales Ratio1.051.0
Hype
Prediction
LowEstimatedHigh
2.905.447.98
Details
Intrinsic
Valuation
LowRealHigh
4.487.029.56
Details
Naive
Forecast
LowNextHigh
2.765.307.84
Details
3 Analysts
Consensus
LowTargetHigh
7.628.379.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Vaalco Energy. Your research has to be compared to or analyzed against Vaalco Energy's peers to derive any actionable benefits. When done correctly, Vaalco Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Vaalco Energy.

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.

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Vaalco Energy 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 Vaalco Energy 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 Vaalco Energy will appreciate offsetting losses from the drop in the long position's value.

Vaalco Energy Pair Trading

Vaalco Energy Pair Trading Analysis

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

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