Hungary 10-Year Bond Yield

Hungary 10-Year Bond Yield closed down by -2.74% to 2.84 on 23 January 2021 and +-1.73% on a weekly basis. Hungary 10-Year Bond Yield momentum was last calculated at -100.0/100 indicating negative momentum. Hungary 10-Year Bond Yield trend is -75.0/100 indicating a negative trend. Hungary 10-Year Bond Yield momentum exhaustion is -0.96101 indicating Hungary 10-Year Bond Yield is oversold.Hungary 10-Year Bond Yield RSI is 22.8375 .

Hungary 10-Year Bond Yield Chart

Hungary 10-Year Bond Yield

Hungary 10-Year Bond Yield Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Hungary 10-Year Bond Yield. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the Hungary 10-Year Bond Yield trading signals presented in the Hungary 10-Year Bond Yield statistics table.

Security Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
Hungary 10-Year Bond Yield HU.10Y 2.84 -1 -0.75 -0.96101 22.8375 -2.74 -1.73 2.9 0.01463

Hungary 10-Year Bond Yield closed at 2.84 on 23 January 2021. Hungary 10-Year Bond Yield trend was last calculated at -75.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. Hungary 10-Year Bond Yield momentum was last calculated at -100.0/100 (range: -100 to +100) indicating negative momentum. Hungary 10-Year Bond Yield momentum exhaustion is -0.96101 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Hungary 10-Year Bond Yield is oversold and a possible reversal is imminent. Hungary 10-Year Bond Yield RSI was last calculated at 22.8375. Hungary 10-Year Bond Yield moving averages were last recorded as follows: 1-month moving average: 2.224 in a downtrend , 1-quarter moving average: 2.26017 in a downtrend and 1-year moving average: 2.3047 in an uptrend. Hungary 10-Year Bond Yield annual return was last recorded at None%, daily return was last recorded at -2.74%, and weekly return was last recorded at -1.73%. Hungary 10-Year Bond Yield histrorical 20-day volatility was last recorded at 19.6366%, Hungary 10-Year Bond Yield alpha None, Hungary 10-Year Bond Yield beta None and Hungary 10-Year Bond Yield maximum drawdown was recorded at None%. MacroVar models monitor Hungary 10-Year Bond Yield statistics based on historical data since 1970.

Hungary 10-Year Bond Yield News

Hungary 10-Year Bond Yield Factors

Hungary 10-Year Bond Yield

Factor Symbol Last Value Predicted Value R2 MacroVar Signal
Hungary PMI vs 10Y HU.FACT.10YPMI 2.34 49.7831 0.982271
Hungary ESI vs 10Y HU.FACT.10YESI 2.34 92.7164 2.04666
Hungary 10Y vs FX HU.FACT.FX10Y 2.08 9.885 0

Hungary Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Budapest SE BUX 47882.6 1 0.75 1.16624 69.6331 1.48 -1.53 10.44 -0.08431
Hungarian Forint US Dollar (HUF/USD) HUFUSD 305.1 0 -0.5 -1.04581 49.5388 0.77 3.82 2.22 -0.00493
Hungary 10-Year Bond Yield HU.10Y 2.84 -1 -0.75 -0.96101 22.8375 -2.74 -1.73 2.9 0.01463
Hungary 5-Year Bond Yield HU.5Y 2.09 -1 -0.75 -1.07192 17.8386 -1.88 -4.13 16.11 0.12397
Hungary 1-year bond yield HU.1Y 0.88 -1 -0.75 -0.73027 4.38969 0 -1.12 25.71 4.5
Hungary Yield Curve HU.YC 1.96 0 -0.25 0.04192 50.7712 -3.92 -2 -5.77 -0.08378
Hungary Yield Curve HU.YC 1.96 0 -0.25 0.04192 50.7712 -3.92 -2 -5.77 -0.08378
Hungary Credit Default Swaps CDS.Hungary 58 -1 -0.75 -0.62198 5.26824 0 0 0 -0.15864

Hungary Economic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade 371843 304367 0.221693 2.47686 1.0 1.0 0.966667 2021-03-31
bank lending rate 1.85 0.9 1.05556 1.05556 1.0 1.0 1 2020-04-30
banks balance sheet 55978.7 54496 0.0272075 0.244383 1.0 1.0 1 2021-02-28
building permits 1503 1656 -0.0923913 0.470646 1.0 1.0 0.783333 2021-05-31
business confidence 2.1 2.9 -0.275862 -1.12963 1.0 1.0 0.216667 2021-06-30
capital flows 216 1502.3 -0.85622 -0.819895 -1.0 -1.0 0.416667 2021-01-01
car registrations 11361 10695 0.0622721 0.0971511 -1.0 1.0 0.433333 2021-06-30
cash reserve ratio 1 1 0 0 -1.0 -1.0 0.608333 2020-01-31
central bank balance sheet 21039.9 20784.5 0.012288 0.641805 1.0 1.0 0.95 2021-03-31
consumer confidence -14.5 -18.3 -0.20765 -0.557927 1.0 1.0 0.05 2021-06-30
consumer price index cpi 1425.8 1417.6 0.00578442 0.0530281 1.0 1.0 1 2021-06-30
core inflation rate 3.8 3.4 0.117647 -0.05 -1.0 -1.0 0.141667 2021-06-30
current account 540.8 184.62 1.92926 -0.181251 1.0 -1.0 0.533333 2021-03-01
current account to gdp -0.8 0.4 -3 -0.887324 -1.0 1.0 0 2019-01-31
deposit interest rate -0.05 -0.05 0 0 -1.0 -1.0 0.6 2021-02-28
exports 4025910 3471400 0.159737 0.305905 1.0 1.0 1 2021-03-31
external debt 114380 106742 0.0715557 0.103447 1.0 1.0 0.633333 2021-01-01
fiscal expenditure 2504.44 2392.44 0.0468141 0.0854795 1.0 1.0 0.466667 2021-03-31
foreign direct investment 1606.5 393.1 3.08675 -3.16276 1.0 1.0 0.0833333 2020-10-01
foreign exchange reserves 30803.3 30522.6 0.00919646 0.0202234 -1.0 1.0 0.433333 2021-06-30
gdp 160.967 157.883 0.0195335 0.150044 1.0 1.0 0 2019-01-31
Real GDP 10616000 10115500 0.0494785 0.502938 1.0 1.0 0.966667 2020-12-01
gdp growth 2 2.8 -0.285714 0.111111 1.0 1.0 0.65 2021-01-01
gdp growth annual -2.1 -3.5 -0.4 -1.42 -1.0 -1.0 0.266667 2021-01-01
gold reserves 94.49 31.51 1.99873 29.6786 1.0 1.0 1 2020-10-01
government budget -8.1 -2.1 2.85714 1.18919 -1.0 -1.0 0 2020-01-31
Government budget -392 -269 0.457249 -0.500955 1.0 1.0 0.466667 2021-06-30
government debt 37149 37032.1 0.00315672 0.192328 1.0 1.0 0.916667 2021-05-31
government debt to gdp 80.4 65.5 0.227481 0.119777 1.0 1.0 0 2020-01-31
government revenues 1900.05 1653.96 0.148788 0.0983456 -1.0 1.0 0.633333 2021-03-31
housing index 186.9 178.51 0.0470002 0.347999 1.0 1.0 0 2021-01-01
imports 3428020 3654070 -0.0618625 0.565292 1.0 1.0 1 2021-04-30
industrial production 39.1 58.8 -0.335034 -2.26948 1.0 1.0 0.316667 2021-05-31
industrial production mom 4.8 0.3 15 -25 1.0 1.0 0.0166667 2021-02-28
inflation cpi 5.3 5.1 0.0392157 0.827586 1.0 1.0 0.8 2021-06-30
interbank rate 0.91 0.91 0 0.166667 1.0 1.0 0.991667 2021-06-02
interest rate 0.6 0.75 -0.2 -0.333333 -1.0 -1.0 0.0166667 2020-07-21
loans to private sector 9403 9317.6 0.00916545 0.100152 1.0 1.0 0.483333 2021-02-28
long term unemployment rate 1.2 0.9 0.333333 -0.2 -1.0 -1.0 0.45 2020-09-30
manufacturing pmi 52.82 50.96 0.0364992 0.297789 1.0 1.0 0.966667 2021-05-31
money supply m0 10500.6 10091.9 0.0404978 0.329425 1.0 1.0 1 2021-06-30
money supply m1 30065.5 30030.2 0.00117548 0.166487 1.0 1.0 0.366667 2021-05-31
money supply m2 33790.4 33869.1 -0.00232365 0.163333 1.0 1.0 0.8 2021-05-31
money supply m3 33871.2 33952 -0.00237983 0.162401 1.0 1.0 0.85 2021-05-31
Producer Price Index 123.7 123.9 -0.0016142 0.216323 1.0 1.0 1 2021-05-31
PPI Index 11.3 9.8 0.153061 5.64706 1.0 1.0 0.933333 2021-05-31
retail sales MoM 0.1 -1 -1.1 -0.985294 -1.0 -1.0 0.3 2021-05-31
retail sales 5.8 10.6 -0.45283 -1.56863 1.0 1.0 0.0666667 2021-05-31
unemployment rate 4.1 4.3 -0.0465116 0 -1.0 -1.0 0.766667 2021-05-31
youth unemployment rate 13.9 11.5 0.208696 0.0296296 1.0 1.0 0.683333 2021-04-30
Construction sector 0.3 -10.2 -1.02941 -1.02362 1.0 1.0 0.416667 2021-04-01
Consumer sector -18.4 -23.5 -0.217021 -0.439024 1.0 1.0 0.383333 2021-04-01
Manufacturing sector 1.2 -8.4 -1.14286 -1.04918 1.0 1.0 0.216667 2021-04-01
Retail sector -1.9 -15.6 -0.878205 -0.92963 1.0 1.0 0.25 2021-04-01
Services sector -18.8 -25.7 -0.268482 -0.557647 1.0 1.0 0.483333 2021-04-01
ESI - Economic Composite 98.9 91.1 0.0856202 0.281088 1.0 1.0 1 2021-04-01

Hungary 10-Year Bond Yield Trading Signals


MacroVar estimates the following signals: Hungary 10-Year Bond Yield momentum, Hungary 10-Year Bond Yield trend, Hungary 10-Year Bond Yield oscillator, Hungary 10-Year Bond Yield RSI and Hungary 10-Year Bond Yield returns.

Hungary 10-Year Bond Yield Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarHungary 10-Year Bond Yield momentum signal ranges from -100 to +100. The Hungary 10-Year Bond Yield momentum signal is derived as the mean value from 4 calculations for the Hungary 10-Year Bond Yield. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Hungary 10-Year Bond Yield return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Hungary 10-Year Bond Yield momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Hungary 10-Year Bond Yield momentum signal moves from positive to negative value or vice-versa.

Hungary 10-Year Bond Yield trend

Hungary 10-Year Bond Yield trend signal ranges from -100 to +100. Hungary 10-Year Bond Yield trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Hungary 10-Year Bond Yield Closing price vs Hungary 10-Year Bond Yield moving average (MA) calculation: If Hungary 10-Year Bond Yield is greater than Hungary 10-Year Bond Yield MA value is +1, else -1, 2. Hungary 10-Year Bond Yield Moving average slope calculation: if current Hungary 10-Year Bond Yield moving average is higher than the previous MA, Hungary 10-Year Bond Yield upward slope +1, else -1
Hungary 10-Year Bond Yield trend model can be used as a trend strength indicator. Hungary 10-Year Bond Yield trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Hungary 10-Year Bond Yield trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Hungary 10-Year Bond Yield 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Hungary 10-Year Bond Yield is in an uptrend when Hungary 10-Year Bond Yield price is higher than the 52-week moving average and the Hungary 10-Year Bond Yield 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Hungary 10-Year Bond Yield oscillator and Hungary 10-Year Bond Yield RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Hungary 10-Year Bond Yield oscillator

The Hungary 10-Year Bond Yield oscillator estimated by MacroVar is the z-score of the current Hungary 10-Year Bond Yield price versus Hungary 10-Year Bond Yield 1-year simple moving average price. The formula for the Hungary 10-Year Bond Yield oscillator is:
Hungary 10-Year Bond Yield oscillator = (Current Price – 250 trading days Hungary 10-Year Bond Yield simple moving average price) / (250 days Hungary 10-Year Bond Yield price standard deviation)

Hungary 10-Year Bond Yield oversold conditions
Hungary 10-Year Bond Yield is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Hungary 10-Year Bond Yield is oversold it is often due for a rebound. Values of the Hungary 10-Year Bond Yield oscillator lower than -2.5 signify oversold conditions. It must be noted that the Hungary 10-Year Bond Yield oscillator must be analyzed ibn conjunction with the rest of Hungary 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Hungary 10-Year Bond Yield RSI.
Hungary 10-Year Bond Yield overbought conditions
Hungary 10-Year Bond Yield is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Hungary 10-Year Bond Yield is overbought it is often due for a correction. Values of the Hungary 10-Year Bond Yield oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Hungary 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Hungary 10-Year Bond Yield RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Hungary 10-Year Bond Yield is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Hungary 10-Year Bond Yield uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Hungary 10-Year Bond Yield returns

MacroVar calculates Hungary 10-Year Bond Yield returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Hungary 10-Year Bond Yield returns = (Hungary 10-Year Bond Yield Closing Price – Hungary 10-Year Bond Yield Previous Price)/(Hungary 10-Year Bond Yield Previous Price)
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