Media Agencies industry
Monitor and predict the growth prospects and potential risks of the Media Agencies industry by examining the financial and macroeconomic factors affecting it and the latest Media Agencies news tracked by MacroVar. Sign Up Free to get notified instantly on the latest Media Agencies updates and get full access to MacroVar advanced analytics of Global Financial Markets, Economies and Financial Risk.
Click to explore the factors and the financial models used by MacroVar to analyze the Media Agencies industry trend, growth prospects and risks.
Media Agencies industry Markets
Media Agencies industry News
Media Agencies industry Analysis
MacroVar monitors the performance, risk, trend and momentum of the Media Agencies industry by examining the stock and credit performance of major Media Agencies companies across the US, Europe, Eastern Europe and Asia Pacific. Media Agencies Stock performance is monitored by analyzing STOXX equity indices of major Media Agencies companies while Media Agencies credit performance is monitored by analyzing Markit iBoxx credit indices reflecting the performance of the Media Agencies high yield corporate bond market.
MacroVar also monitors fundamental indicators closely linked to the Media Agencies sector published monthly including analysis of sector specific PMI indicators, components of Manufacturing & Services PMI and Economic Sentiment Indicators analysis.
MacroVar also monitors other factors closely related to the Media Agencies industry like closely related financial markets or macroeconmic indicators.
MacroVar estimates the following signals:: Media Agencies momentum, Media Agencies trend, Media Agencies oscillator, Media Agencies RSI and Media Agencies returns.
Media Agencies industry Description
The subsector of Media Agencies includes companies providing advertising, public relations and marketing services. Includes billboard providers and telemarketers.
Media Agencies industry MomentumMomentum 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.
MacroVar Media Agencies momentum signal ranges from -100 to +100. The Media Agencies momentum signal is derived as the mean value from 4 calculations for the Media Agencies . 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. Media Agencies 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. Media Agencies momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Media Agencies momentum signal moves from positive to negative value or vice-versa.
Media Agencies industry trendMedia Agencies trend signal ranges from -100 to +100. Media Agencies 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. Media Agencies Closing price vs Media Agencies moving average (MA) calculation: If Media Agencies is greater than Media Agencies MA value is +1, else -1, 2. Media Agencies Moving average slope calculation: if current Media Agencies moving average is higher than the previous MA, Media Agencies upward slope +1, else -1
Media Agencies trend model can be used as a trend strength indicator. Media Agencies trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Media Agencies trend strength indicator moves from positive to negative value or vice-versa.
The most important trend indicator
The Media Agencies 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Media Agencies is in an uptrend when Media Agencies price is higher than the 52-week moving average and the Media Agencies 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 Media Agencies oscillator and Media Agencies RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.
Media Agencies industry oscillatorThe Media Agencies oscillator estimated by MacroVar is the z-score of the currentMedia Agencies price versus Media Agencies 1-year simple moving average price. The formula for the Media Agencies oscillator is:
Media Agencies oscillator = (Current Price – 250 trading days Media Agencies simple moving average price) / (250 days Media Agencies price standard deviation)
Media Agencies oversold conditions
Media Agencies is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Media Agencies is oversold it is often due for a rebound. Values of the Media Agencies oscillator lower than -2.5 signify oversold conditions. It must be noted that the Media Agencies oscillator must be analyzed ibn conjunction with the rest ofMedia Agencies 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 Media Agencies RSI.
Media Agencies overbought conditions
Media Agencies is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Media Agencies is overbought it is often due for a correction. Values of the Media Agencies oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Media Agencies 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.
Media Agencies RSI indicatorThe 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 Media Agencies is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. DuringMedia Agencies 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.
Media Agencies industry returnsMacroVar calculates Media Agencies returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:
Media Agencies returns = (Media Agencies Closing Price – Media Agencies Previous Price)/(Media Agencies Previous Price)