Fenix Outdoor (Sweden) Momentum Indicators Average Directional Movement Index

FOI-B Stock  SEK 686.00  4.00  0.58%   
Fenix Outdoor momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Fenix Outdoor. Fenix Outdoor 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 momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Fenix Outdoor are pattern recognition functions that provide distinct formation on Fenix Outdoor potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The average directional index (ADX) measures the strength of a prevailing trend of Fenix Outdoor Intern and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Fenix Outdoor ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Fenix Outdoor Technical Analysis Modules

Most technical analysis of Fenix Outdoor 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 Fenix from various momentum indicators to cycle indicators. When you analyze Fenix 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 Fenix Outdoor 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 Fenix Outdoor International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fenix Outdoor International based on widely used predictive technical indicators. In general, we focus on analyzing Fenix Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fenix Outdoor's daily price indicators and compare them against related drivers, such as momentum indicators 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 Fenix Outdoor's intrinsic value. In addition to deriving basic predictive indicators for Fenix Outdoor, we also check how macroeconomic factors affect Fenix Outdoor price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fenix Outdoor's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
684.24686.00687.76
Details
Intrinsic
Valuation
LowRealHigh
617.44619.20754.60
Details
Naive
Forecast
LowNextHigh
678.50680.26682.02
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
611.55674.29737.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fenix Outdoor. Your research has to be compared to or analyzed against Fenix Outdoor's peers to derive any actionable benefits. When done correctly, Fenix Outdoor'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 Fenix Outdoor Intern.

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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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Fenix Outdoor Intern 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 Fenix Outdoor 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 Fenix Outdoor will appreciate offsetting losses from the drop in the long position's value.

Fenix Outdoor Pair Trading

Fenix Outdoor International Pair Trading Analysis

The ability to find closely correlated positions to Fenix Outdoor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fenix Outdoor 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 Fenix Outdoor - 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 Fenix Outdoor International to buy it.
The correlation of Fenix Outdoor 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 Fenix Outdoor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fenix Outdoor Intern 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 Fenix Outdoor 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
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fenix Outdoor International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Fenix Outdoor Intern information on this page should be used as a complementary analysis to other Fenix Outdoor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Fenix Outdoor's price analysis, check to measure Fenix Outdoor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fenix Outdoor is operating at the current time. Most of Fenix Outdoor's value examination focuses on studying past and present price action to predict the probability of Fenix Outdoor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fenix Outdoor's price. Additionally, you may evaluate how the addition of Fenix Outdoor to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Fenix Outdoor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fenix Outdoor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fenix Outdoor'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.