| Below - Illustration from Chapter 5: No really strong signals during the past week. The most recent signal, "Moving Avg. 5/20 Divergence", was produced on Monday, October 25, 2010. In this range, it is most often considered to be a sell signal. |
 Summary of Recent Reports:No commentary available from weekend report. |
Table of Contents
Volume I: ESRX Classical Analysis:
Chapter 1:
An introductory chapter looks at the price history of ESRX by applying Classical Time Series Analysis. Some of the patterns seen here will prove to be important in further analysis. See ESRX Classical Analysis.
Chapter 2:
This survey looks at historical volatility of Express Scripts, Inc. prices. The risks associated with long and short term positions can be evaluated according to projected shapes of the Volatility Curve. See ESRX Volatility Risk.
Chapter 3:
This section shows historical volumes for sales of ESRX stock, along with Seasonal and Cyclical Trends in Volume. See ESRX Historical Volume.
Chapter 4:
The Traditional Seasonal Analysis of Price Trends can still yield valuable predictive information. See ESRX Calendar Year Trends.
Chapter 5:
One of the most popular indicators, the Moving Average, comes in many variations. Here we test the predictive ability of different averages as applied to prediction of Express Scripts, Inc. prices. See Average Indicators.
Volume II: Mid Level Technical Analysis:
Chapter 6:
Technical Oscillators are compared to test their power as buy or sell signals for speculating in ESRX stock. We conduct an extensive investigation of the popular "RSI" of Welles Wilder and some of its variations. See Technical Oscillators.
Chapter 7:
Price Analysis according to Political Factors reveals some surprising results. Computing trends against the November based political calendar may give better predictions than the traditional calculations based on the January calendar year! See Politics and Prices of ESRX.
Chapter 8:
A sophisticated method associates price levels with historical volumes. Such semi-abstract concepts as Support and Resistance may then be defined with mathematical precision. See Volumetric Analysis.
Chapter 9:
Analysis of Market Momentum as the product of Price and Volume drives an interpretation considerably more sophisticated than those that consider Price Momentum alone. See Momentum Investing Indicators.
Chapter 10:
Technical Analysis discovers the range of moods of investors toward ESRX. See Market Sentiment.
Section 11:
This section visualizes mappings based on the number of consecutive price movements in a particular direction. A discussion of the "Monte Carlo Fallacy" and it's relevance to Stock Price Prediction leads to a revisionist method of Price Projection using the Bernoulli Analysis. See Bernoulli Run Analysis.
Chapter 12:
The traditional techniques of Candlestick Analysis may seem fanciful, but certain aspects are firmly grounded in the science of Investor Psychology. See Japanese Candlesticks.
Volume III: Advanced Visualization and Prediction:
Chapter 13:
Ordinary analysis does not show the features of the behavioral history underneath the price volume line. Here multi-spectral analysis brings the hidden features to the surface. See Support and Resistance.
Chapter 14:
The combination of multi-spectral and mult-dimensional analysis of Express Scripts, Inc. historical trends, yields a rich set of behavioral surfaces. See Price Behavior Surfaces.
Chapter 15:
Here we look at periodic frequency and waveform characteristics of the ESRX historical price series. Classical techniques such as the Fourier Transform and newer digital filtering techniques contribute to this analysis. See Frequency and Waveform Analysis.
Chapter 16:
Forecasts are gathered from several sources to predict future price movements. See ESRX Price Predictions.
Volume IV: Final Results and Trading Strategy:
Chapter 17:
The results of various trading strategies carried out over 10 years are evaluated here for ESRX. The results of "buy and hold", "buy the dips", and other strategies are compared, as well as sliding stop settings. See Single Company Strategies.
Chapter 18:
The trading policies that work well when applied to speculation in any one companies stock may fall short when applied to the more usual situation where a person is speculating on a basket or portfolio of companies. Here we find the best muti-company portfolio trading policies. See ESRX Multi-Company Strategies .
Appendix A:
The statistical abstract for Express Scripts, Inc. gathers the most relevant analysis into a single chapter. See ESRX Final Results . |
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