G8 Education (Australia) Momentum Indicators Average Directional Movement Index Rating

GEM Stock   1.33  0.01  0.75%   
G8 Education momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against G8 Education. G8 Education 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 momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of G8 Education are pattern recognition functions that provide distinct formation on G8 Education potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of G8 Education is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret G8 Education ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

G8 Education Technical Analysis Modules

Most technical analysis of G8 Education 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 GEM from various momentum indicators to cycle indicators. When you analyze GEM 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 G8 Education 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 G8 Education. We use our internally-developed statistical techniques to arrive at the intrinsic value of G8 Education based on widely used predictive technical indicators. In general, we focus on analyzing GEM Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build G8 Education's daily price indicators and compare them against related drivers, such as momentum 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 G8 Education's intrinsic value. In addition to deriving basic predictive indicators for G8 Education, we also check how macroeconomic factors affect G8 Education price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.071.332.87
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Intrinsic
Valuation
LowRealHigh
0.061.132.67
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G8 Education 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 G8 Education 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 G8 Education will appreciate offsetting losses from the drop in the long position's value.

G8 Education Pair Trading

G8 Education Pair Trading Analysis

The ability to find closely correlated positions to G8 Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace G8 Education 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 G8 Education - 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 G8 Education to buy it.
The correlation of G8 Education 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 G8 Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if G8 Education 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 G8 Education 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 GEM Stock Analysis

When running G8 Education's price analysis, check to measure G8 Education'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 G8 Education is operating at the current time. Most of G8 Education's value examination focuses on studying past and present price action to predict the probability of G8 Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G8 Education's price. Additionally, you may evaluate how the addition of G8 Education to your portfolios can decrease your overall portfolio volatility.