Kensington Managed Income Fund Pattern Recognition Three Outside Up or Down

KAMCX Fund  USD 9.78  0.02  0.20%   
Kensington Managed pattern recognition tool provides the execution environment for running the Three Outside Up or Down recognition and other technical functions against Kensington Managed. Kensington Managed 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 Three Outside Up or Down recognition function is designed to identify and follow existing trends. Kensington Managed momentum indicators are usually used to generate trading rules based on assumptions that Kensington Managed 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 three with a total number of output elements of fifty-eight. The function did not return any valid pattern recognition events for the selected time horizon. The Three Outside Up/Down pattern helps to describe Kensington Managed Income bearish pattern that is followed by a black day whose close value is lower than the second day.

Kensington Managed Technical Analysis Modules

Most technical analysis of Kensington Managed 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 Kensington from various momentum indicators to cycle indicators. When you analyze Kensington 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 Kensington Managed 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 Kensington Managed Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kensington Managed Income based on widely used predictive technical indicators. In general, we focus on analyzing Kensington Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kensington Managed'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 Kensington Managed's intrinsic value. In addition to deriving basic predictive indicators for Kensington Managed, we also check how macroeconomic factors affect Kensington Managed 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 Kensington Managed'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
9.629.789.94
Details
Intrinsic
Valuation
LowRealHigh
9.619.779.93
Details
Naive
Forecast
LowNextHigh
9.619.769.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.749.779.81
Details

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.

Did you try this?

Run Global Correlations Now

   

Global Correlations

Find global opportunities by holding instruments from different markets
All  Next Launch Module

Kensington Managed Income 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 Kensington Managed 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 Kensington Managed will appreciate offsetting losses from the drop in the long position's value.

Kensington Managed Pair Trading

Kensington Managed Income Pair Trading Analysis

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

Kensington Managed financial ratios help investors to determine whether Kensington Mutual Fund 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 Kensington with respect to the benefits of owning Kensington Managed security.
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Commodity Directory
Find actively traded commodities issued by global exchanges