Kambi Group (Sweden) Momentum Indicators Minus Directional Movement

KAMBI Stock  SEK 102.50  2.20  2.10%   
Kambi Group momentum indicators tool provides the execution environment for running the Minus Directional Movement indicator and other technical functions against Kambi Group. Kambi Group 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 Minus Directional Movement indicator function is designed to identify and follow existing trends. Momentum indicators of Kambi Group are pattern recognition functions that provide distinct formation on Kambi Group 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.

The output start index for this execution was nine with a total number of output elements of fifty-two. The Minus Directional Movement indicator shows the difference between two consecutive lows of Kambi Group PLC price series.

Kambi Group Technical Analysis Modules

Most technical analysis of Kambi Group 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 Kambi from various momentum indicators to cycle indicators. When you analyze Kambi 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 Kambi Group 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 Kambi Group PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kambi Group PLC based on widely used predictive technical indicators. In general, we focus on analyzing Kambi Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kambi Group'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 Kambi Group's intrinsic value. In addition to deriving basic predictive indicators for Kambi Group, we also check how macroeconomic factors affect Kambi Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
99.91102.50105.09
Details
Intrinsic
Valuation
LowRealHigh
90.5993.18112.75
Details
Naive
Forecast
LowNextHigh
112.00114.59117.18
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
101.88105.35108.82
Details

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.

Did you try this?

Run USA ETFs Now

   

USA ETFs

Find actively traded Exchange Traded Funds (ETF) in USA
All  Next Launch Module

Kambi Group PLC 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 Kambi Group 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 Kambi Group will appreciate offsetting losses from the drop in the long position's value.

Kambi Group Pair Trading

Kambi Group PLC Pair Trading Analysis

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

When running Kambi Group's price analysis, check to measure Kambi Group'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 Kambi Group is operating at the current time. Most of Kambi Group's value examination focuses on studying past and present price action to predict the probability of Kambi Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kambi Group's price. Additionally, you may evaluate how the addition of Kambi Group to your portfolios can decrease your overall portfolio volatility.