Oeneo SA (France) Overlap Studies Midpoint Price over period

SBT Stock  EUR 9.68  0.06  0.62%   
Oeneo SA overlap studies tool provides the execution environment for running the Midpoint Price over period study and other technical functions against Oeneo SA. Oeneo SA 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 overlap studies indicators. As with most other technical indicators, the Midpoint Price over period study function is designed to identify and follow existing trends. Oeneo SA overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Mid-point Price over period is an average of Oeneo SA highest and lowest prices attained during the given period.

Oeneo SA Technical Analysis Modules

Most technical analysis of Oeneo SA 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 Oeneo from various momentum indicators to cycle indicators. When you analyze Oeneo 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 Oeneo SA 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 Oeneo SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oeneo SA based on widely used predictive technical indicators. In general, we focus on analyzing Oeneo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Oeneo SA's daily price indicators and compare them against related drivers, such as overlap studies 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 Oeneo SA's intrinsic value. In addition to deriving basic predictive indicators for Oeneo SA, we also check how macroeconomic factors affect Oeneo SA price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
8.619.6810.75
Details
Intrinsic
Valuation
LowRealHigh
8.449.5110.58
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 My Watchlist Analysis Now

   

My Watchlist Analysis

Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
All  Next Launch Module

Oeneo SA 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 Oeneo SA 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 Oeneo SA will appreciate offsetting losses from the drop in the long position's value.

Oeneo SA Pair Trading

Oeneo SA Pair Trading Analysis

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

Oeneo SA financial ratios help investors to determine whether Oeneo 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 Oeneo with respect to the benefits of owning Oeneo SA security.