EcoBio Holdings (Korea) Pattern Recognition Two Crows

038870 Stock  KRW 5,770  110.00  1.94%   
EcoBio Holdings pattern recognition tool provides the execution environment for running the Two Crows recognition and other technical functions against EcoBio Holdings. EcoBio Holdings 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 Two Crows recognition function is designed to identify and follow existing trends. EcoBio Holdings momentum indicators are usually used to generate trading rules based on assumptions that EcoBio Holdings 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 twelve with a total number of output elements of fourty-nine. The function did not return any valid pattern recognition events for the selected time horizon. Two Crows is a 3-day pattern that warns about a possible future trend reversal for EcoBio Holdings.

EcoBio Holdings Technical Analysis Modules

Most technical analysis of EcoBio Holdings 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 EcoBio from various momentum indicators to cycle indicators. When you analyze EcoBio 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 EcoBio Holdings 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 EcoBio Holdings Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of EcoBio Holdings Co based on widely used predictive technical indicators. In general, we focus on analyzing EcoBio Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EcoBio Holdings'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 EcoBio Holdings's intrinsic value. In addition to deriving basic predictive indicators for EcoBio Holdings, we also check how macroeconomic factors affect EcoBio Holdings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EcoBio Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
5,7685,7705,772
Details
Intrinsic
Valuation
LowRealHigh
4,8194,8226,347
Details
Naive
Forecast
LowNextHigh
5,6945,6965,698
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5,3625,6886,013
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as EcoBio Holdings. Your research has to be compared to or analyzed against EcoBio Holdings' peers to derive any actionable benefits. When done correctly, EcoBio Holdings' 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 EcoBio Holdings.

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 Correlation Analysis Now

   

Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated
All  Next Launch Module

EcoBio Holdings 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 EcoBio Holdings 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 EcoBio Holdings will appreciate offsetting losses from the drop in the long position's value.

EcoBio Holdings Pair Trading

EcoBio Holdings Co Pair Trading Analysis

The ability to find closely correlated positions to EcoBio Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EcoBio Holdings 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 EcoBio Holdings - 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 EcoBio Holdings Co to buy it.
The correlation of EcoBio Holdings 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 EcoBio Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EcoBio Holdings 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 EcoBio Holdings 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
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in EcoBio Holdings Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the EcoBio Holdings information on this page should be used as a complementary analysis to other EcoBio Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for EcoBio Stock analysis

When running EcoBio Holdings' price analysis, check to measure EcoBio Holdings' 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 EcoBio Holdings is operating at the current time. Most of EcoBio Holdings' value examination focuses on studying past and present price action to predict the probability of EcoBio Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EcoBio Holdings' price. Additionally, you may evaluate how the addition of EcoBio Holdings to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Money Managers
Screen money managers from public funds and ETFs managed around the world
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Please note, there is a significant difference between EcoBio Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if EcoBio Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EcoBio Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.