Origin Enterprises (Ireland) Pattern Recognition Long Legged Doji

OIZ Stock  EUR 3.07  0.07  2.33%   
Origin Enterprises pattern recognition tool provides the execution environment for running the Long Legged Doji recognition and other technical functions against Origin Enterprises. Origin Enterprises 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 Long Legged Doji recognition function is designed to identify and follow existing trends. Origin Enterprises momentum indicators are usually used to generate trading rules based on assumptions that Origin Enterprises 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 five valid pattern recognition events for the selected time horizon. The Long Legged Doji pattern shows Origin Enterprises trend that describe the indecision of the buyers and sellers.

Origin Enterprises Technical Analysis Modules

Most technical analysis of Origin Enterprises 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 Origin from various momentum indicators to cycle indicators. When you analyze Origin 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 Origin Enterprises 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 Origin Enterprises Plc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Origin Enterprises Plc based on widely used predictive technical indicators. In general, we focus on analyzing Origin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Origin Enterprises'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 Origin Enterprises's intrinsic value. In addition to deriving basic predictive indicators for Origin Enterprises, we also check how macroeconomic factors affect Origin Enterprises price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
1.443.074.70
Details
Intrinsic
Valuation
LowRealHigh
1.272.904.53
Details
Naive
Forecast
LowNextHigh
1.453.084.71
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.943.023.11
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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Origin Enterprises 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 Origin Enterprises 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 Origin Enterprises will appreciate offsetting losses from the drop in the long position's value.

Origin Enterprises Pair Trading

Origin Enterprises Plc Pair Trading Analysis

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

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