Ping An (Germany) Overlap Studies Simple Moving Average

1XZ Stock  EUR 0.75  0.02  2.60%   
Ping An overlap studies tool provides the execution environment for running the Simple Moving Average study and other technical functions against Ping An. Ping An 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 Simple Moving Average study function is designed to identify and follow existing trends. Ping An overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Simple Moving Average indicator is calculated by adding the closing price of Ping An for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Ping An Healthcare short-term fluctuations and highlight longer-term trends or cycles.

Ping An Technical Analysis Modules

Most technical analysis of Ping An 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 Ping from various momentum indicators to cycle indicators. When you analyze Ping 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 Ping An 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 Ping An Healthcare. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ping An Healthcare based on widely used predictive technical indicators. In general, we focus on analyzing Ping Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ping An'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 Ping An's intrinsic value. In addition to deriving basic predictive indicators for Ping An, we also check how macroeconomic factors affect Ping An price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.040.759.79
Details
Intrinsic
Valuation
LowRealHigh
0.040.729.76
Details
Naive
Forecast
LowNextHigh
0.020.909.94
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.230.931.63
Details

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Ping An Healthcare 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 Ping An 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 Ping An will appreciate offsetting losses from the drop in the long position's value.

Ping An Pair Trading

Ping An Healthcare Pair Trading Analysis

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

Ping An financial ratios help investors to determine whether Ping 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 Ping with respect to the benefits of owning Ping An security.