Mitsubishi Materials (Germany) Overlap Studies Hilbert Transform Instantaneous Trendline

MUJ Stock  EUR 15.00  0.10  0.67%   
Mitsubishi Materials overlap studies tool provides the execution environment for running the Hilbert Transform Instantaneous Trendline study and other technical functions against Mitsubishi Materials. Mitsubishi Materials 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 overlap studies indicators. As with most other technical indicators, the Hilbert Transform Instantaneous Trendline study function is designed to identify and follow existing trends. Mitsubishi Materials overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques.

Study
The minimum time period for execution of this function requires larger time horizon. Please increase the time horizon for this function. The output start index for this execution was zero with a total number of output elements of zero. The Instantaneous Trendline is a moving-average-like indicator which is formed by removing the Dominant Cycle from Mitsubishi Materials price series.

Mitsubishi Materials Technical Analysis Modules

Most technical analysis of Mitsubishi Materials 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 Mitsubishi from various momentum indicators to cycle indicators. When you analyze Mitsubishi 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 Mitsubishi Materials 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 Mitsubishi Materials. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mitsubishi Materials based on widely used predictive technical indicators. In general, we focus on analyzing Mitsubishi Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mitsubishi Materials's daily price indicators and compare them against related drivers, such as overlap studies 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 Mitsubishi Materials's intrinsic value. In addition to deriving basic predictive indicators for Mitsubishi Materials, we also check how macroeconomic factors affect Mitsubishi Materials price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
13.6215.0016.38
Details
Intrinsic
Valuation
LowRealHigh
13.8215.2016.58
Details

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Mitsubishi Materials 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 Mitsubishi Materials 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 Mitsubishi Materials will appreciate offsetting losses from the drop in the long position's value.

Mitsubishi Materials Pair Trading

Mitsubishi Materials Pair Trading Analysis

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

Mitsubishi Materials financial ratios help investors to determine whether Mitsubishi 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 Mitsubishi with respect to the benefits of owning Mitsubishi Materials security.