Ipower Etf Pattern Recognition Shooting Star

IPW
 Etf
  

USD 1.23  0.14  12.84%   

Ipower pattern recognition tool provides the execution environment for running the Shooting Star recognition and other technical functions against Ipower. Ipower 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 Shooting Star recognition function is designed to identify and follow existing trends. Ipower momentum indicators are usually used to generate trading rules based on assumptions that Ipower 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 eleven with a total number of output elements of fifty. The function did not return any valid pattern recognition events for the selected time horizon. The Shooting Star pattern is one of reversal pattern that can predict Ipower Inc falling future prices.
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Ipower Technical Analysis Modules

Most technical analysis of Ipower 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 Ipower from various momentum indicators to cycle indicators. When you analyze Ipower 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 Ipower 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 Ipower Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ipower Inc based on widely used predictive technical indicators. In general, we focus on analyzing Ipower Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ipower'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 Ipower's intrinsic value. In addition to deriving basic predictive indicators for Ipower, we also check how macroeconomic factors affect Ipower price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2020 2021 2022 (projected)
Book Value per Share1.181.361.47
Asset Turnover2.191.972.26
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ipower'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 Ipower in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.061.225.76
Details
Intrinsic
Valuation
LowReal ValueHigh
0.112.116.65
Details
Naive
Forecast
LowNext ValueHigh
0.0262291.315.85
Details
2 Analysts
Consensus
LowTarget PriceHigh
8.008.509.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ipower. Your research has to be compared to or analyzed against Ipower's peers to derive any actionable benefits. When done correctly, Ipower'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 Ipower Inc.

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

Ipower Pair Trading

Ipower Inc Pair Trading Analysis

The ability to find closely correlated positions to Ipower could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ipower 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 Ipower - 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 Ipower Inc to buy it.
The correlation of Ipower 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 Ipower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ipower 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 Ipower 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 Ipower Inc information on this page should be used as a complementary analysis to other Ipower'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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