SL Green (Germany) Pattern Recognition Harami Pattern

GEI Stock  EUR 73.32  1.37  1.83%   
SL Green pattern recognition tool provides the execution environment for running the Harami Pattern recognition and other technical functions against SL Green. SL Green 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 pattern recognition indicators. As with most other technical indicators, the Harami Pattern recognition function is designed to identify and follow existing trends. SL Green momentum indicators are usually used to generate trading rules based on assumptions that SL Green trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of five valid pattern recognition events for the selected time horizon. The Harami pattern describes bullish reversal trend for SL Green.

SL Green Technical Analysis Modules

Most technical analysis of SL Green 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 GEI from various momentum indicators to cycle indicators. When you analyze GEI 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 SL Green 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 SL Green Realty. We use our internally-developed statistical techniques to arrive at the intrinsic value of SL Green Realty based on widely used predictive technical indicators. In general, we focus on analyzing GEI Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SL Green's daily price indicators and compare them against related drivers, such as pattern recognition 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 SL Green's intrinsic value. In addition to deriving basic predictive indicators for SL Green, we also check how macroeconomic factors affect SL Green price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
71.4473.3275.20
Details
Intrinsic
Valuation
LowRealHigh
50.1852.0680.65
Details
Naive
Forecast
LowNextHigh
74.9676.8478.71
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
68.5972.8477.09
Details

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SL Green Realty 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 SL Green 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 SL Green will appreciate offsetting losses from the drop in the long position's value.

SL Green Pair Trading

SL Green Realty Pair Trading Analysis

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

When determining whether SL Green Realty is a strong investment it is important to analyze SL Green's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SL Green's future performance. For an informed investment choice regarding GEI Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SL Green Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Please note, there is a significant difference between SL Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if SL Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SL Green's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.