Plains All American Stock Pattern Recognition Long Legged Doji

PAA Stock  USD 17.57  0.37  2.06%   
Plains All pattern recognition tool provides the execution environment for running the Long Legged Doji recognition and other technical functions against Plains All. Plains All 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. Plains All momentum indicators are usually used to generate trading rules based on assumptions that Plains All 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 Plains All trend that describe the indecision of the buyers and sellers.

Plains All Technical Analysis Modules

Most technical analysis of Plains All 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 Plains from various momentum indicators to cycle indicators. When you analyze Plains 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 Plains All 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 Plains All American. We use our internally-developed statistical techniques to arrive at the intrinsic value of Plains All American based on widely used predictive technical indicators. In general, we focus on analyzing Plains Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Plains All'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 Plains All's intrinsic value. In addition to deriving basic predictive indicators for Plains All, we also check how macroeconomic factors affect Plains All price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 (projected)
Dividend Yield0.110.09490.0934
Price To Sales Ratio0.160.140.22
Hype
Prediction
LowEstimatedHigh
16.6617.9419.22
Details
Intrinsic
Valuation
LowRealHigh
15.9517.2318.51
Details
Naive
Forecast
LowNextHigh
16.6217.9019.17
Details
19 Analysts
Consensus
LowTargetHigh
15.4216.9418.80
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Plains All. Your research has to be compared to or analyzed against Plains All's peers to derive any actionable benefits. When done correctly, Plains All'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 Plains All American.

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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Plains All American 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 Plains All 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 Plains All will appreciate offsetting losses from the drop in the long position's value.

Plains All Pair Trading

Plains All American Pair Trading Analysis

The ability to find closely correlated positions to Plains All could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plains All 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 Plains All - 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 Plains All American to buy it.
The correlation of Plains All 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 Plains All moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plains All American 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 Plains All 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
When determining whether Plains All American offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Plains All's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Plains All American Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Plains All American Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains All American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plains All. If investors know Plains will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plains All listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.118
Dividend Share
1.27
Earnings Share
1.13
Revenue Per Share
71.827
Quarterly Revenue Growth
0.056
The market value of Plains All American is measured differently than its book value, which is the value of Plains that is recorded on the company's balance sheet. Investors also form their own opinion of Plains All's value that differs from its market value or its book value, called intrinsic value, which is Plains All's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plains All's market value can be influenced by many factors that don't directly affect Plains All's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plains All's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plains All is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plains All's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.