Thai Oil (Thailand) Momentum Indicators Absolute Price Oscillator

TOP Stock  THB 38.00  0.75  1.94%   
Thai Oil momentum indicators tool provides the execution environment for running the Absolute Price Oscillator indicator and other technical functions against Thai Oil. Thai Oil value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Absolute Price Oscillator indicator function is designed to identify and follow existing trends. Momentum indicators of Thai Oil are pattern recognition functions that provide distinct formation on Thai Oil potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Fast Period, Slow Period and MA Type to execute this model.

The output start index for this execution was twenty-five with a total number of output elements of thirty-six. Thai Oil Public Absolute Price Oscillator shows the difference between two moving averages. A buy signal of Thai Oil is generate when the Price Oscillator rises above zero, and a sell signal when it falls below zero.

Thai Oil Technical Analysis Modules

Most technical analysis of Thai Oil 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 Thai from various momentum indicators to cycle indicators. When you analyze Thai 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.

About Thai Oil Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thai Oil Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thai Oil Public based on widely used predictive technical indicators. In general, we focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thai Oil's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Thai Oil's intrinsic value. In addition to deriving basic predictive indicators for Thai Oil, we also check how macroeconomic factors affect Thai Oil price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
35.9838.0040.02
Details
Intrinsic
Valuation
LowRealHigh
32.6834.7041.80
Details
Naive
Forecast
LowNextHigh
34.7136.7338.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
36.6239.9343.24
Details

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Thai Oil Public pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thai Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thai Oil will appreciate offsetting losses from the drop in the long position's value.

Thai Oil Pair Trading

Thai Oil Public Pair Trading Analysis

The ability to find closely correlated positions to Thai Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thai Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thai Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thai Oil Public to buy it.
The correlation of Thai Oil 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. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thai Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thai Oil Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thai Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Thai Stock

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