NISSIN FOODS (Germany) Price Transform Median Price

NF2 Stock  EUR 24.00  0.60  2.56%   
NISSIN FOODS price transform tool provides the execution environment for running the Median Price transformation and other technical functions against NISSIN FOODS. NISSIN FOODS 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 price transform indicators. As with most other technical indicators, the Median Price transformation function is designed to identify and follow existing trends. NISSIN FOODS price transformation methods enable investors to generate trading signals using basic price transformation functions such as typical price movement.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of NISSIN FOODS HLDGS price series.

NISSIN FOODS Technical Analysis Modules

Most technical analysis of NISSIN FOODS 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 NISSIN from various momentum indicators to cycle indicators. When you analyze NISSIN 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 NISSIN FOODS 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 NISSIN FOODS HLDGS. We use our internally-developed statistical techniques to arrive at the intrinsic value of NISSIN FOODS HLDGS based on widely used predictive technical indicators. In general, we focus on analyzing NISSIN Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NISSIN FOODS's daily price indicators and compare them against related drivers, such as price transform 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 NISSIN FOODS's intrinsic value. In addition to deriving basic predictive indicators for NISSIN FOODS, we also check how macroeconomic factors affect NISSIN FOODS price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
21.6923.4025.11
Details
Intrinsic
Valuation
LowRealHigh
18.2019.9125.74
Details
Naive
Forecast
LowNextHigh
21.6823.3925.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.3723.4224.47
Details

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NISSIN FOODS HLDGS 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 NISSIN FOODS 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 NISSIN FOODS will appreciate offsetting losses from the drop in the long position's value.

NISSIN FOODS Pair Trading

NISSIN FOODS HLDGS Pair Trading Analysis

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

NISSIN FOODS financial ratios help investors to determine whether NISSIN 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 NISSIN with respect to the benefits of owning NISSIN FOODS security.