EVE Energy (China) Pattern Recognition Kicking bull or bear determined by the longer marubozu

300014 Stock   47.03  0.03  0.06%   
EVE Energy pattern recognition tool provides the execution environment for running the Kicking bull or bear determined by the longer marubozu recognition and other technical functions against EVE Energy. EVE Energy 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 Kicking bull or bear determined by the longer marubozu recognition function is designed to identify and follow existing trends. EVE Energy momentum indicators are usually used to generate trading rules based on assumptions that EVE Energy trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eleven with a total number of output elements of fifty. The function did not return any valid pattern recognition events for the selected time horizon. The Kicking - bull/bear determined by the longer marubozu is one of the most powerful patterns that may predict EVE Energy bearish trend reversal.

EVE Energy Technical Analysis Modules

Most technical analysis of EVE Energy 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 EVE from various momentum indicators to cycle indicators. When you analyze EVE 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 EVE Energy 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 EVE Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of EVE Energy based on widely used predictive technical indicators. In general, we focus on analyzing EVE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EVE Energy'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 EVE Energy's intrinsic value. In addition to deriving basic predictive indicators for EVE Energy, we also check how macroeconomic factors affect EVE Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
42.4947.0851.67
Details
Intrinsic
Valuation
LowRealHigh
36.3540.9451.73
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.510.510.52
Details

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EVE Energy 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 EVE Energy 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 EVE Energy will appreciate offsetting losses from the drop in the long position's value.

EVE Energy Pair Trading

EVE Energy Pair Trading Analysis

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

EVE Energy financial ratios help investors to determine whether EVE 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 EVE with respect to the benefits of owning EVE Energy security.