Itochu Stock Overlap Studies Triangular Moving Average

ITOCF Stock  USD 43.46  0.13  0.30%   
ITOCHU overlap studies tool provides the execution environment for running the Triangular Moving Average study and other technical functions against ITOCHU. ITOCHU 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 overlap studies indicators. As with most other technical indicators, the Triangular Moving Average study function is designed to identify and follow existing trends. ITOCHU overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Triangular Moving Average shows ITOCHU double smoothed mean price over a specified number of previous prices (i.e., averaged twice).

ITOCHU Technical Analysis Modules

Most technical analysis of ITOCHU 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 ITOCHU from various momentum indicators to cycle indicators. When you analyze ITOCHU 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 ITOCHU 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 ITOCHU. We use our internally-developed statistical techniques to arrive at the intrinsic value of ITOCHU based on widely used predictive technical indicators. In general, we focus on analyzing ITOCHU Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ITOCHU's daily price indicators and compare them against related drivers, such as overlap studies 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 ITOCHU's intrinsic value. In addition to deriving basic predictive indicators for ITOCHU, we also check how macroeconomic factors affect ITOCHU 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 ITOCHU's 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
41.5243.4645.40
Details
Intrinsic
Valuation
LowRealHigh
34.4636.4047.81
Details
Naive
Forecast
LowNextHigh
41.3943.3345.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
42.0843.6045.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ITOCHU. Your research has to be compared to or analyzed against ITOCHU's peers to derive any actionable benefits. When done correctly, ITOCHU'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 ITOCHU.

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 Cryptocurrency Center Now

   

Cryptocurrency Center

Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
All  Next Launch Module

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

ITOCHU Pair Trading

ITOCHU Pair Trading Analysis

The ability to find closely correlated positions to ITOCHU could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ITOCHU 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 ITOCHU - 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 ITOCHU to buy it.
The correlation of ITOCHU 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 ITOCHU moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ITOCHU 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 ITOCHU 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITOCHU. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the ITOCHU information on this page should be used as a complementary analysis to other ITOCHU's 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for ITOCHU Pink Sheet analysis

When running ITOCHU's price analysis, check to measure ITOCHU'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 ITOCHU is operating at the current time. Most of ITOCHU's value examination focuses on studying past and present price action to predict the probability of ITOCHU's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITOCHU's price. Additionally, you may evaluate how the addition of ITOCHU to your portfolios can decrease your overall portfolio volatility.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Please note, there is a significant difference between ITOCHU's value and its price as these two are different measures arrived at by different means. Investors typically determine if ITOCHU is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ITOCHU's 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.