Boxed Stock Pattern Recognition Evening Star

BOXD
 Stock
  

USD 0.32  0.08  20.00%   

Boxed pattern recognition tool provides the execution environment for running the Evening Star recognition and other technical functions against Boxed. Boxed 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 Evening Star recognition function is designed to identify and follow existing trends. Boxed momentum indicators are usually used to generate trading rules based on assumptions that Boxed trends in prices tend to continue for long periods. Please specify Penetration to run this model.

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. The Evening Star pattern describes Boxed trend having bearish reversal signal.
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Boxed Technical Analysis Modules

Most technical analysis of Boxed 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 Boxed from various momentum indicators to cycle indicators. When you analyze Boxed 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 Boxed 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 Boxed Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Boxed Inc based on widely used predictive technical indicators. In general, we focus on analyzing Boxed Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Boxed'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 Boxed's intrinsic value. In addition to deriving basic predictive indicators for Boxed, we also check how macroeconomic factors affect Boxed 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, frequently view the market will even out over time. This tendency of Boxed'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. Please use the tools below to analyze the current value of Boxed in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.010.257.54
Details
Intrinsic
Valuation
LowReal ValueHigh
0.163.2410.53
Details
Naive
Forecast
LowNext ValueHigh
0.0052980.267.56
Details
2 Analysts
Consensus
LowTarget PriceHigh
12.0012.0012.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Boxed. Your research has to be compared to or analyzed against Boxed's peers to derive any actionable benefits. When done correctly, Boxed's 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 Boxed Inc.

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.

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

Boxed Pair Trading

Boxed Inc Pair Trading Analysis

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

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Is Boxed's 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 Boxed. If investors know Boxed 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 Boxed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
23.4 M
Quarterly Revenue Growth YOY
(0.15) 
Return On Assets
(0.58) 
Return On Equity
(9.12) 
The market value of Boxed Inc is measured differently than its book value, which is the value of Boxed that is recorded on the company's balance sheet. Investors also form their own opinion of Boxed's value that differs from its market value or its book value, called intrinsic value, which is Boxed's 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 Boxed's market value can be influenced by many factors that don't directly affect Boxed's 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 Boxed's value and its price as these two are different measures arrived at by different means. Investors typically determine Boxed value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boxed'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.