Hanza AB (Sweden) Volatility Indicators True Range

HANZA Stock  SEK 68.05  2.50  3.81%   
Hanza AB volatility indicators tool provides the execution environment for running the True Range indicator and other technical functions against Hanza AB. Hanza AB 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 volatility indicators indicators. As with most other technical indicators, the True Range indicator function is designed to identify and follow existing trends. Hanza AB volatility indicators enable investors to predict price movements based on how different True Range indicators change over time.

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Hanza AB volatility developed by Welles Wilder.

Hanza AB Technical Analysis Modules

Most technical analysis of Hanza AB 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 Hanza from various momentum indicators to cycle indicators. When you analyze Hanza 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 Hanza AB 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 Hanza AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hanza AB based on widely used predictive technical indicators. In general, we focus on analyzing Hanza Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hanza AB's daily price indicators and compare them against related drivers, such as volatility indicators 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 Hanza AB's intrinsic value. In addition to deriving basic predictive indicators for Hanza AB, we also check how macroeconomic factors affect Hanza AB price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
65.0768.0571.03
Details
Intrinsic
Valuation
LowRealHigh
51.9954.9774.86
Details
Naive
Forecast
LowNextHigh
58.8361.8164.78
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
64.8667.2269.57
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hanza AB. Your research has to be compared to or analyzed against Hanza AB's peers to derive any actionable benefits. When done correctly, Hanza AB'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 Hanza AB.

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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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Hanza AB 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 Hanza AB 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 Hanza AB will appreciate offsetting losses from the drop in the long position's value.

Hanza AB Pair Trading

Hanza AB Pair Trading Analysis

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

Additional Tools for Hanza Stock Analysis

When running Hanza AB's price analysis, check to measure Hanza AB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanza AB is operating at the current time. Most of Hanza AB's value examination focuses on studying past and present price action to predict the probability of Hanza AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanza AB's price. Additionally, you may evaluate how the addition of Hanza AB to your portfolios can decrease your overall portfolio volatility.