3I Group (UK) Pattern Recognition On Neck Pattern

III Stock   3,548  10.00  0.28%   
3I Group pattern recognition tool provides the execution environment for running the On Neck Pattern recognition and other technical functions against 3I Group. 3I 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 pattern recognition indicators. As with most other technical indicators, the On Neck Pattern recognition function is designed to identify and follow existing trends. 3I Group momentum indicators are usually used to generate trading rules based on assumptions that 3I Group trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of one valid pattern recognition events for the selected time horizon. The On-Neck Pattern may describe 3I Group bearish continuation signal.

3I Group Technical Analysis Modules

Most technical analysis of 3I 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 III from various momentum indicators to cycle indicators. When you analyze III 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 3I 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 3I Group PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of 3I Group PLC based on widely used predictive technical indicators. In general, we focus on analyzing III Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 3I Group'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 3I Group's intrinsic value. In addition to deriving basic predictive indicators for 3I Group, we also check how macroeconomic factors affect 3I Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
3,5373,5383,903
Details
Intrinsic
Valuation
LowRealHigh
3,4923,4943,903
Details
Naive
Forecast
LowNextHigh
3,4413,4423,444
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.141.261.41
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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3I 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 3I 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 3I Group will appreciate offsetting losses from the drop in the long position's value.

3I Group Pair Trading

3I Group PLC Pair Trading Analysis

The ability to find closely correlated positions to 3I 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 3I 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 3I 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 3I Group PLC to buy it.
The correlation of 3I 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 3I Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 3I 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 3I 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

Other Information on Investing in III Stock

3I Group financial ratios help investors to determine whether III 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 III with respect to the benefits of owning 3I Group security.