Adidas AG ADR Stock Pattern Recognition Hikkake Pattern

ADDYY Stock  USD 79.37  -1.76  -2.17%   
The pattern recognition module provides an execution environment for Hikkake Pattern recognition and related indicators on Adidas AG. It emphasizes pattern recognition signals tied to momentum and continuation while keeping volatility, risk, and performance context in view.

Recognition
The output start index for this execution was five with a total number of output elements of fifty-six. The function generated a total of five valid pattern recognition events for the selected time horizon. The Hikkake pattern is used for determining Adidas AG market turning-points and continuations.

Adidas AG Technical Analysis Modules

Most technical analysis of Adidas AG 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 Adidas from various momentum indicators to cycle indicators. When you analyze Adidas 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.

OTC Stock Overview, Methodology & Data Sources

adidas AG, together with its subsidiaries, designs, develops, distributes, and markets athletic and sports lifestyle products worldwide. The company was formerly known as adidas-Salomon AG and changed its name to adidas AG in June 2006. adidas AG was founded in 1920 and is headquartered in Herzogenaurach, Germany. Adidas Ag operates under Footwear Accessories classification in the United States and is traded on OTC Exchange. It employs 60661 people. The stock overview for Adidas AG summarizes business drivers, financial profile, and market behavior. Current metrics include P/E of 48.23, P/B of 3.76, profit margin of 5.9%. Adidas AG has a market cap of 30.71 B, P/E of 48.23, ROE of 11.83%.

Methodology

Unless otherwise specified, financial data for Adidas AG ADR is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Adidas (USA Stocks:ADDYY) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: We use public filings and market reference sources with disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR as reference inputs. Data may be normalized and can be delayed. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.

Analyst Sources

Adidas AG ADR may have analyst coverage included in Macroaxis-derived consensus inputs when available. Updates may occur throughout the day.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board

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Tracking Adidas AG inside a portfolio is useful because individual winners can still weaken diversification or distort overall risk targets. A disciplined tracking process turns performance data into better decisions instead of more noise.

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Adidas AG ADR pair trading

Pair trading with Adidas AG can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.

Adidas AG Pair Trading

Adidas AG ADR Pair Trading Analysis

The ability to find closely correlated positions to Adidas AG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adidas AG when you sell it.
The correlation of Adidas AG is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1.
Correlation analysis and pair trading evaluation for Adidas AG can be used to frame hedging context. The approach can be applied within sectors or across broader universes.
Pair CorrelationCorrelation Matching

More Resources for Adidas OTC Stock Analysis

Other Information on Investing in Adidas OTC Stock

Adidas AG financial ratios help frame valuation context across profits, cash flow, and enterprise value. They help compare Adidas to other measures in a consistent way.