President Automobile (Thailand) Price Transform Average Price

PACO Stock  THB 1.40  0.01  0.72%   
President Automobile price transform tool provides the execution environment for running the Average Price transformation and other technical functions against President Automobile. President Automobile 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 price transform indicators. As with most other technical indicators, the Average Price transformation function is designed to identify and follow existing trends. President Automobile price transformation methods enable investors to generate trading signals using basic price transformation functions such as typical price movement.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. President Automobile Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

President Automobile Technical Analysis Modules

Most technical analysis of President Automobile 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 President from various momentum indicators to cycle indicators. When you analyze President 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 President Automobile 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 President Automobile Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of President Automobile Industries based on widely used predictive technical indicators. In general, we focus on analyzing President Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build President Automobile's daily price indicators and compare them against related drivers, such as price transform 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 President Automobile's intrinsic value. In addition to deriving basic predictive indicators for President Automobile, we also check how macroeconomic factors affect President Automobile price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.011.392.77
Details
Intrinsic
Valuation
LowRealHigh
0.061.132.51
Details
Naive
Forecast
LowNextHigh
0.011.392.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.381.391.40
Details

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President Automobile 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 President Automobile 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 President Automobile will appreciate offsetting losses from the drop in the long position's value.

President Automobile Pair Trading

President Automobile Industries Pair Trading Analysis

The ability to find closely correlated positions to President Automobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace President Automobile 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 President Automobile - 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 President Automobile Industries to buy it.
The correlation of President Automobile 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 President Automobile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if President Automobile 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 President Automobile 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 President Stock

President Automobile financial ratios help investors to determine whether President 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 President with respect to the benefits of owning President Automobile security.