Renaissance Global Science Fund Pattern Recognition Matching Low

0P0000760C   29.28  0.33  1.14%   
Renaissance Global pattern recognition tool provides the execution environment for running the Matching Low recognition and other technical functions against Renaissance Global. Renaissance Global 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 Matching Low recognition function is designed to identify and follow existing trends. Renaissance Global momentum indicators are usually used to generate trading rules based on assumptions that Renaissance Global trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was six with a total number of output elements of fifty-five. The function did not return any valid pattern recognition events for the selected time horizon. The Matching Low pattern shows low bullish reversal trend for Renaissance Global.

Renaissance Global Technical Analysis Modules

Most technical analysis of Renaissance Global 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 Renaissance from various momentum indicators to cycle indicators. When you analyze Renaissance 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.

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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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Renaissance Global 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 Renaissance Global 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 Renaissance Global will appreciate offsetting losses from the drop in the long position's value.

Renaissance Global Pair Trading

Renaissance Global Science Pair Trading Analysis

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