Krung Thai Stock Forecast - Daily Balance Of Power

KTB-R Stock  THB 20.60  0.30  1.48%   
Krung Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Krung Thai stock prices and determine the direction of Krung Thai Bank's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Krung Thai's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 22, 2024 Krung Thai Bank had Daily Balance Of Power of 0.3333. Balance of Power indicator (or BOP) measures the strength of Krung Thai Bank market sensitivity to bulls and bears. It estimates the ability of Krung Thai buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Krung Thai Balance of Power indicator one can determine a trend of the price direction.
Check Krung Thai VolatilityBacktest Krung ThaiTrend Details  

Krung Thai Trading Date Momentum

On November 25 2024 Krung Thai Bank was traded for  20.50  at the closing time. The highest price during the trading period was 20.60  and the lowest recorded bid was listed for  20.40 . The volume for the day was 19.6 M. This history from November 25, 2024 did not cause price change. The trading delta at closing time to the current price is 0.98% .
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.
Compare Krung Thai to competition

Other Forecasting Options for Krung Thai

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

Krung Thai 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 Krung Thai stock to make a market-neutral strategy. Peer analysis of Krung Thai could also be used in its relative valuation, which is a method of valuing Krung Thai by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Krung Thai Bank 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 Krung Thai'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 Krung Thai's current price.

Krung Thai Market Strength Events

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

Krung Thai Risk Indicators

The analysis of Krung Thai'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 Krung Thai's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting krung 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Krung Stock

Krung Thai financial ratios help investors to determine whether Krung 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 Krung with respect to the benefits of owning Krung Thai security.