Signet Jewelers Stock Overlap Studies Triple Exponential Moving Average
| SIG Stock | USD 98.59 2.49 2.46% |
| Symbol |
The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. Signet Jewelers Triple Exponential Moving Average indicator shows smoothing effect of Signet Jewelers price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.
Signet Jewelers Technical Analysis Modules
Most technical analysis of Signet Jewelers 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 Signet from various momentum indicators to cycle indicators. When you analyze Signet 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Signet Jewelers 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 Signet Jewelers. We use our internally-developed statistical techniques to arrive at the intrinsic value of Signet Jewelers based on widely used predictive technical indicators. In general, we focus on analyzing Signet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Signet Jewelers'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 Signet Jewelers's intrinsic value. In addition to deriving basic predictive indicators for Signet Jewelers, we also check how macroeconomic factors affect Signet Jewelers price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2010 | 2014 | 2020 | 2024 (projected) | Dividend Yield | 0.00721 | 0.0864 | 0.0162 | 0.005715 | Price To Sales Ratio | 1.52 | 0.2 | 0.63 | 1.69 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Signet Jewelers' 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.
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 Alpha Finder Now
Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
| All Next | Launch Module |
Signet Jewelers 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 Signet Jewelers 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 Signet Jewelers will appreciate offsetting losses from the drop in the long position's value.Signet Jewelers Pair Trading
Signet Jewelers Pair Trading Analysis
The ability to find closely correlated positions to Signet Jewelers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Signet Jewelers 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 Signet Jewelers - 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 Signet Jewelers to buy it.
The correlation of Signet Jewelers 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 Signet Jewelers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Signet Jewelers 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 Signet Jewelers 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Signet Jewelers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Signet Stock please use our How to Invest in Signet Jewelers guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Signet Stock analysis
When running Signet Jewelers' price analysis, check to measure Signet Jewelers' 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 Signet Jewelers is operating at the current time. Most of Signet Jewelers' value examination focuses on studying past and present price action to predict the probability of Signet Jewelers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signet Jewelers' price. Additionally, you may evaluate how the addition of Signet Jewelers to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
Is Signet Jewelers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Signet Jewelers. If investors know Signet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Signet Jewelers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.138 | Dividend Share 0.92 | Earnings Share 15.01 | Revenue Per Share 159.713 | Quarterly Revenue Growth (0.06) |
The market value of Signet Jewelers is measured differently than its book value, which is the value of Signet that is recorded on the company's balance sheet. Investors also form their own opinion of Signet Jewelers' value that differs from its market value or its book value, called intrinsic value, which is Signet Jewelers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Signet Jewelers' market value can be influenced by many factors that don't directly affect Signet Jewelers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Signet Jewelers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Signet Jewelers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Signet Jewelers' 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.