International Stock Pattern Recognition Modified Hikkake Pattern

IBM
 Stock
  

USD 148.37  0.38  0.26%   

International Business pattern recognition tool provides the execution environment for running the Modified Hikkake Pattern recognition and other technical functions against International Business. International Business 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 Modified Hikkake Pattern recognition function is designed to identify and follow existing trends. International Business momentum indicators are usually used to generate trading rules based on assumptions that International Business 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 ten with a total number of output elements of fifty-one. The function did not return any valid pattern recognition events for the selected time horizon. The Modified Hikkake pattern may be used for determining of International Business market turning-points.
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International Business Technical Analysis Modules

Most technical analysis of International Business 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 International from various momentum indicators to cycle indicators. When you analyze International 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 International Business 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 International Business Machines. We use our internally-developed statistical techniques to arrive at the intrinsic value of International Business Machines based on widely used predictive technical indicators. In general, we focus on analyzing International Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build International Business'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 International Business's intrinsic value. In addition to deriving basic predictive indicators for International Business, we also check how macroeconomic factors affect International Business price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity2.62.642.382.09
Interest Coverage9.945.215.675.82
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of International Business' 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. Please use the tools below to analyze the current value of International Business in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
146.90148.42149.94
Details
Intrinsic
Valuation
LowReal ValueHigh
133.53155.56157.08
Details
9 Analysts
Consensus
LowTarget PriceHigh
124.00148.11170.00
Details
Earnings
Estimates (6)
LowProjected EPSHigh
9.6210.1010.65
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as International Business. Your research has to be compared to or analyzed against International Business' peers to derive any actionable benefits. When done correctly, International Business' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in International Business.

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

International Business Pair Trading

International Business Machines Pair Trading Analysis

The ability to find closely correlated positions to International Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Business 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 International Business - 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 International Business Machines to buy it.
The correlation of International Business is a statistical measure of how it moves in relation to other equities. 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 International Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Business 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 International Business 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
Please see Risk vs Return Analysis. Note that the International Business information on this page should be used as a complementary analysis to other International Business' 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for International Stock analysis

When running International Business price analysis, check to measure International Business' 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 International Business is operating at the current time. Most of International Business' value examination focuses on studying past and present price action to predict the probability of International Business' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move International Business' price. Additionally, you may evaluate how the addition of International Business to your portfolios can decrease your overall portfolio volatility.
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Is International Business' 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 International Business. If investors know International 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 International Business 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 YOY
0.041
Market Capitalization
133 B
Quarterly Revenue Growth YOY
0.065
Return On Assets
0.0322
Return On Equity
0.0648
The market value of International Business is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Business' value that differs from its market value or its book value, called intrinsic value, which is International Business' 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 International Business' market value can be influenced by many factors that don't directly affect International Business' 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 International Business' value and its price as these two are different measures arrived at by different means. Investors typically determine International Business value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Business' 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.