Euronet Worldwide Stock Pattern Recognition Marubozu

EEFT Stock  USD 105.13  0.05  0.05%   
Euronet Worldwide pattern recognition tool provides the execution environment for running the Marubozu recognition and other technical functions against Euronet Worldwide. Euronet Worldwide 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 Marubozu recognition function is designed to identify and follow existing trends. Euronet Worldwide momentum indicators are usually used to generate trading rules based on assumptions that Euronet Worldwide trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of three valid pattern recognition events for the selected time horizon. The Marubozu event is generated by Euronet Worldwide extremely strong bullish pattern.

Euronet Worldwide Technical Analysis Modules

Most technical analysis of Euronet Worldwide 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 Euronet from various momentum indicators to cycle indicators. When you analyze Euronet 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 Euronet Worldwide 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 Euronet Worldwide. We use our internally-developed statistical techniques to arrive at the intrinsic value of Euronet Worldwide based on widely used predictive technical indicators. In general, we focus on analyzing Euronet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Euronet Worldwide'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 Euronet Worldwide's intrinsic value. In addition to deriving basic predictive indicators for Euronet Worldwide, we also check how macroeconomic factors affect Euronet Worldwide price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield4.48E-44.26E-4
Price To Sales Ratio1.331.27
Hype
Prediction
LowEstimatedHigh
103.74105.15106.56
Details
Intrinsic
Valuation
LowRealHigh
103.31104.72106.13
Details
Naive
Forecast
LowNextHigh
104.08105.49106.90
Details
10 Analysts
Consensus
LowTargetHigh
96.64106.20117.88
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Euronet Worldwide. Your research has to be compared to or analyzed against Euronet Worldwide's peers to derive any actionable benefits. When done correctly, Euronet Worldwide'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 Euronet Worldwide.

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.

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Euronet Worldwide 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 Euronet Worldwide 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 Euronet Worldwide will appreciate offsetting losses from the drop in the long position's value.

Euronet Worldwide Pair Trading

Euronet Worldwide Pair Trading Analysis

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

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