Horisont Energi (Norway) Overlap Studies Parabolic SAR

HRGI Stock  NOK 2.00  0.05  2.44%   
Horisont Energi overlap studies tool provides the execution environment for running the Parabolic SAR study and other technical functions against Horisont Energi. Horisont Energi 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 Parabolic SAR study function is designed to identify and follow existing trends. Horisont Energi overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Acceleration Factor and AF Maximum to execute this module.

The output start index for this execution was one with a total number of output elements of sixty. The Parabolic SAR indicator is used to determine the direction of Horisont Energi AS's momentum and the point in time when Horisont Energi has higher than normal probability directional change.

Horisont Energi Technical Analysis Modules

Most technical analysis of Horisont Energi 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 Horisont from various momentum indicators to cycle indicators. When you analyze Horisont 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 Horisont Energi 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 Horisont Energi AS. We use our internally-developed statistical techniques to arrive at the intrinsic value of Horisont Energi AS based on widely used predictive technical indicators. In general, we focus on analyzing Horisont Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Horisont Energi'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 Horisont Energi's intrinsic value. In addition to deriving basic predictive indicators for Horisont Energi, we also check how macroeconomic factors affect Horisont Energi price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.102.005.66
Details
Intrinsic
Valuation
LowRealHigh
0.101.965.62
Details
Naive
Forecast
LowNextHigh
0.041.885.54
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.122.502.88
Details

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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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Horisont Energi AS 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 Horisont Energi 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 Horisont Energi will appreciate offsetting losses from the drop in the long position's value.

Horisont Energi Pair Trading

Horisont Energi AS Pair Trading Analysis

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

Horisont Energi financial ratios help investors to determine whether Horisont 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 Horisont with respect to the benefits of owning Horisont Energi security.