Surf Air Mobility Stock Pattern Recognition Tasuki Gap

SRFM Stock   3.74  0.26  7.47%   
Surf Air pattern recognition tool provides the execution environment for running the Tasuki Gap recognition and other technical functions against Surf Air. Surf Air 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 Tasuki Gap recognition function is designed to identify and follow existing trends. Surf Air momentum indicators are usually used to generate trading rules based on assumptions that Surf Air trends in prices tend to continue for long periods.

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 seven with a total number of output elements of fifty-four. The function did not return any valid pattern recognition events for the selected time horizon. The Tasuki Gap pattern shows Surf Air Mobility continuation trend for either bearish or bullish conditions.

Surf Air Technical Analysis Modules

Most technical analysis of Surf Air 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 Surf from various momentum indicators to cycle indicators. When you analyze Surf 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 Surf Air 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 Surf Air Mobility. We use our internally-developed statistical techniques to arrive at the intrinsic value of Surf Air Mobility based on widely used predictive technical indicators. In general, we focus on analyzing Surf Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Surf Air'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 Surf Air's intrinsic value. In addition to deriving basic predictive indicators for Surf Air, we also check how macroeconomic factors affect Surf Air price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
ROE0.210.533.243.4
Income Quality0.670.380.260.46
Hype
Prediction
LowEstimatedHigh
0.193.7116.77
Details
Intrinsic
Valuation
LowRealHigh
0.163.2916.35
Details
2 Analysts
Consensus
LowTargetHigh
3.223.543.93
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-1.82-1.82-1.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Surf Air. Your research has to be compared to or analyzed against Surf Air's peers to derive any actionable benefits. When done correctly, Surf Air'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 Surf Air Mobility.

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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Surf Air Mobility 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 Surf Air 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 Surf Air will appreciate offsetting losses from the drop in the long position's value.

Surf Air Pair Trading

Surf Air Mobility Pair Trading Analysis

The ability to find closely correlated positions to Surf Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Surf Air 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 Surf Air - 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 Surf Air Mobility to buy it.
The correlation of Surf Air 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 Surf Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Surf Air Mobility 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 Surf Air 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 Surf Air Mobility is a strong investment it is important to analyze Surf Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Surf Air's future performance. For an informed investment choice regarding Surf Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surf Air Mobility. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Passenger Airlines 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 Surf Air. If investors know Surf 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 Surf Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(15.64)
Revenue Per Share
10.839
Quarterly Revenue Growth
4.225
Return On Assets
(1.78)
The market value of Surf Air Mobility is measured differently than its book value, which is the value of Surf that is recorded on the company's balance sheet. Investors also form their own opinion of Surf Air's value that differs from its market value or its book value, called intrinsic value, which is Surf Air'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 Surf Air's market value can be influenced by many factors that don't directly affect Surf Air'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 Surf Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Surf Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surf Air'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.