ZF Commercial (India) Momentum Indicators Minus Directional Indicator

ZFCVINDIA   12,006  294.65  2.40%   
ZF Commercial momentum indicators tool provides the execution environment for running the Minus Directional Indicator indicator and other technical functions against ZF Commercial. ZF Commercial 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 Minus Directional Indicator indicator function is designed to identify and follow existing trends. Momentum indicators of ZF Commercial are pattern recognition functions that provide distinct formation on ZF Commercial 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.

The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Minus Directional indicator describes the rate of negative changes that contributes to the overall ZF Commercial Vehicle price trend.

ZF Commercial Technical Analysis Modules

Most technical analysis of ZF Commercial 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 ZFCVINDIA from various momentum indicators to cycle indicators. When you analyze ZFCVINDIA 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 ZF Commercial 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 ZF Commercial Vehicle. We use our internally-developed statistical techniques to arrive at the intrinsic value of ZF Commercial Vehicle based on widely used predictive technical indicators. In general, we focus on analyzing ZFCVINDIA Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ZF Commercial'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 ZF Commercial's intrinsic value. In addition to deriving basic predictive indicators for ZF Commercial, we also check how macroeconomic factors affect ZF Commercial price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
11,82111,82413,207
Details
Intrinsic
Valuation
LowRealHigh
11,13611,13913,207
Details
Naive
Forecast
LowNextHigh
11,63111,63311,636
Details
Earnings
Estimates (0)
LowProjected EPSHigh
57.0257.9259.67
Details

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ZF Commercial Vehicle 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 ZF Commercial 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 ZF Commercial will appreciate offsetting losses from the drop in the long position's value.

ZF Commercial Pair Trading

ZF Commercial Vehicle Pair Trading Analysis

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

ZF Commercial financial ratios help investors to determine whether ZFCVINDIA 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 ZFCVINDIA with respect to the benefits of owning ZF Commercial security.