Navneet Education (India) Pattern Recognition Long Legged Doji

NAVNETEDUL   137.04  0.10  0.07%   
Navneet Education pattern recognition tool provides the execution environment for running the Long Legged Doji recognition and other technical functions against Navneet Education. Navneet Education 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. Navneet Education momentum indicators are usually used to generate trading rules based on assumptions that Navneet Education 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 ten valid pattern recognition events for the selected time horizon. The Long Legged Doji pattern shows Navneet Education trend that describe the indecision of the buyers and sellers.

Navneet Education Technical Analysis Modules

Most technical analysis of Navneet Education 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 Navneet from various momentum indicators to cycle indicators. When you analyze Navneet 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 Navneet Education 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 Navneet Education Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Navneet Education Limited based on widely used predictive technical indicators. In general, we focus on analyzing Navneet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Navneet Education'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 Navneet Education's intrinsic value. In addition to deriving basic predictive indicators for Navneet Education, we also check how macroeconomic factors affect Navneet Education price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Navneet Education's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
135.58137.04138.50
Details
Intrinsic
Valuation
LowRealHigh
116.72118.18150.74
Details
Naive
Forecast
LowNextHigh
134.15135.61137.07
Details
Earnings
Estimates (0)
LowProjected EPSHigh
5.195.195.19
Details

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Navneet Education 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 Navneet Education 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 Navneet Education will appreciate offsetting losses from the drop in the long position's value.

Navneet Education Pair Trading

Navneet Education Limited Pair Trading Analysis

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

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