Gear Energy Stock Pattern Recognition Spinning Top

GXE Stock  CAD 0.55  0.02  3.77%   
Gear Energy pattern recognition tool provides the execution environment for running the Spinning Top recognition and other technical functions against Gear Energy. Gear 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 Spinning Top recognition function is designed to identify and follow existing trends. Gear Energy momentum indicators are usually used to generate trading rules based on assumptions that Gear 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 six valid pattern recognition events for the selected time horizon. The Spinning Top pattern Reversal/Continuation pattern describes Gear Energy neutral movement and is used to signal indecision about the future direction of Gear Energy.

Gear Energy Technical Analysis Modules

Most technical analysis of Gear 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 Gear from various momentum indicators to cycle indicators. When you analyze Gear 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 Gear 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 Gear Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gear Energy based on widely used predictive technical indicators. In general, we focus on analyzing Gear Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gear 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 Gear Energy's intrinsic value. In addition to deriving basic predictive indicators for Gear Energy, we also check how macroeconomic factors affect Gear 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 Yield0.150.088
Price To Sales Ratio1.131.65
Hype
Prediction
LowEstimatedHigh
0.030.553.19
Details
Intrinsic
Valuation
LowRealHigh
0.020.483.12
Details
Naive
Forecast
LowNextHigh
0.010.563.19
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.020.020.02
Details

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

Gear Energy Pair Trading

Gear Energy Pair Trading Analysis

The ability to find closely correlated positions to Gear 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 Gear 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 Gear 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 Gear Energy to buy it.
The correlation of Gear 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 Gear Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gear 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 Gear 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

Other Information on Investing in Gear Stock

Gear Energy financial ratios help investors to determine whether Gear 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 Gear with respect to the benefits of owning Gear Energy security.