Assicurazioni Generali (Germany) Price Transform Weighted Close Price

ASG Stock  EUR 26.82  0.19  0.70%   
Assicurazioni Generali price transform tool provides the execution environment for running the Weighted Close Price transformation and other technical functions against Assicurazioni Generali. Assicurazioni Generali 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 Weighted Close Price transformation function is designed to identify and follow existing trends. Assicurazioni Generali 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. Developed by Larry Williams, the Weighted Close is the average of Assicurazioni Generali 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 Assicurazioni Generali closing price as input.

Assicurazioni Generali Technical Analysis Modules

Most technical analysis of Assicurazioni Generali 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 Assicurazioni from various momentum indicators to cycle indicators. When you analyze Assicurazioni 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 Assicurazioni Generali 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 Assicurazioni Generali SpA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Assicurazioni Generali SpA based on widely used predictive technical indicators. In general, we focus on analyzing Assicurazioni Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Assicurazioni Generali'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 Assicurazioni Generali's intrinsic value. In addition to deriving basic predictive indicators for Assicurazioni Generali, we also check how macroeconomic factors affect Assicurazioni Generali price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
25.4726.8228.17
Details
Intrinsic
Valuation
LowRealHigh
20.5621.9129.50
Details
Naive
Forecast
LowNextHigh
26.6928.0329.38
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
26.7026.8827.06
Details

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Assicurazioni Generali 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 Assicurazioni Generali 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 Assicurazioni Generali will appreciate offsetting losses from the drop in the long position's value.

Assicurazioni Generali Pair Trading

Assicurazioni Generali SpA Pair Trading Analysis

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

Assicurazioni Generali financial ratios help investors to determine whether Assicurazioni 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 Assicurazioni with respect to the benefits of owning Assicurazioni Generali security.