Universal Insurance (Germany) Price Transform Weighted Close Price
| 5UI Stock | EUR 21.00 0.20 0.94% |
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The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Universal Insurance high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Universal Insurance closing price as input.
Universal Insurance Technical Analysis Modules
Most technical analysis of Universal Insurance 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 Universal from various momentum indicators to cycle indicators. When you analyze Universal 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.| Cycle Indicators | ||
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About Universal Insurance 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 Universal Insurance Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Universal Insurance Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Universal Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Universal Insurance'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 Universal Insurance's intrinsic value. In addition to deriving basic predictive indicators for Universal Insurance, we also check how macroeconomic factors affect Universal Insurance price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Universal Insurance 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 Universal Insurance 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 Universal Insurance will appreciate offsetting losses from the drop in the long position's value.Universal Insurance Pair Trading
Universal Insurance Holdings Pair Trading Analysis
The ability to find closely correlated positions to Universal Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Universal Insurance 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 Universal Insurance - 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 Universal Insurance Holdings to buy it.
The correlation of Universal Insurance 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 Universal Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Universal Insurance 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 Universal Insurance 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.Additional Information and Resources on Investing in Universal Stock
When determining whether Universal Insurance is a strong investment it is important to analyze Universal Insurance'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 Universal Insurance's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Universal Insurance Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.