National Reinsurance (Philippines) Pattern Recognition Engulfing Pattern

NRCP Stock   0.70  0.02  2.94%   
National Reinsurance pattern recognition tool provides the execution environment for running the Engulfing Pattern recognition and other technical functions against National Reinsurance. National Reinsurance 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 Engulfing Pattern recognition function is designed to identify and follow existing trends. National Reinsurance momentum indicators are usually used to generate trading rules based on assumptions that National Reinsurance trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was two with a total number of output elements of fifty-nine. The function generated a total of three valid pattern recognition events for the selected time horizon. The Engulfing Pattern describes National Reinsurance bullish reversal pattern.

National Reinsurance Technical Analysis Modules

Most technical analysis of National Reinsurance 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 National from various momentum indicators to cycle indicators. When you analyze National 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 National Reinsurance 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 National Reinsurance. We use our internally-developed statistical techniques to arrive at the intrinsic value of National Reinsurance based on widely used predictive technical indicators. In general, we focus on analyzing National Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build National Reinsurance'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 National Reinsurance's intrinsic value. In addition to deriving basic predictive indicators for National Reinsurance, we also check how macroeconomic factors affect National Reinsurance price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.030.705.41
Details
Intrinsic
Valuation
LowRealHigh
0.030.595.30
Details

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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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National Reinsurance 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 National Reinsurance 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 National Reinsurance will appreciate offsetting losses from the drop in the long position's value.

National Reinsurance Pair Trading

National Reinsurance Pair Trading Analysis

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

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