KGHM Polska (Germany) Pattern Recognition Harami Pattern

KGHA Stock  EUR 27.86  0.14  0.51%   
KGHM Polska pattern recognition tool provides the execution environment for running the Harami Pattern recognition and other technical functions against KGHM Polska. KGHM Polska 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. KGHM Polska momentum indicators are usually used to generate trading rules based on assumptions that KGHM Polska 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 six valid pattern recognition events for the selected time horizon. The Harami pattern describes bullish reversal trend for KGHM Polska.

KGHM Polska Technical Analysis Modules

Most technical analysis of KGHM Polska 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 KGHM from various momentum indicators to cycle indicators. When you analyze KGHM 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 KGHM Polska 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 KGHM Polska Miedz. We use our internally-developed statistical techniques to arrive at the intrinsic value of KGHM Polska Miedz based on widely used predictive technical indicators. In general, we focus on analyzing KGHM Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build KGHM Polska'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 KGHM Polska's intrinsic value. In addition to deriving basic predictive indicators for KGHM Polska, we also check how macroeconomic factors affect KGHM Polska price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
25.1627.8630.56
Details
Intrinsic
Valuation
LowRealHigh
21.5424.2430.65
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as KGHM Polska. Your research has to be compared to or analyzed against KGHM Polska's peers to derive any actionable benefits. When done correctly, KGHM Polska's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in KGHM Polska Miedz.

Learn to be your own money manager

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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KGHM Polska Miedz 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 KGHM Polska 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 KGHM Polska will appreciate offsetting losses from the drop in the long position's value.

KGHM Polska Pair Trading

KGHM Polska Miedz Pair Trading Analysis

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

KGHM Polska financial ratios help investors to determine whether KGHM 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 KGHM with respect to the benefits of owning KGHM Polska security.