CPL Group Stock Forecast - Daily Balance Of Power

CPL Stock  THB 1.24  0.02  1.59%   
CPL Stock Forecast is based on your current time horizon.
  
On August 22, 2024 CPL Group Public had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of CPL Group Public market sensitivity to bulls and bears. It estimates the ability of CPL Group buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring CPL Group Balance of Power indicator one can determine a trend of the price direction.
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CPL Group Trading Date Momentum

On August 23 2024 CPL Group Public was traded for  1.23  at the closing time. The maximum traded price for the trading interval was 1.28  and the lowest daily price was  1.23 . The daily volume was recorded at 83.5 K. The volume of trading on 23rd of August 2024 did not affect price variability. The overall trading delta to the closing price today is 0.81% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for CPL Group

For every potential investor in CPL, whether a beginner or expert, CPL Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CPL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CPL. Basic forecasting techniques help filter out the noise by identifying CPL Group's price trends.

CPL Group Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CPL Group stock to make a market-neutral strategy. Peer analysis of CPL Group could also be used in its relative valuation, which is a method of valuing CPL Group by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

CPL Group Public Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of CPL Group's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of CPL Group's current price.

CPL Group Market Strength Events

Market strength indicators help investors to evaluate how CPL Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CPL Group shares will generate the highest return on investment. By undertsting and applying CPL Group stock market strength indicators, traders can identify CPL Group Public entry and exit signals to maximize returns.

CPL Group Risk Indicators

The analysis of CPL Group's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in CPL Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cpl stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Other Information on Investing in CPL Stock

CPL Group financial ratios help investors to determine whether CPL Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CPL with respect to the benefits of owning CPL Group security.