Syntec Construction (Thailand) Statistic Functions Beta

SYNTEC Stock  THB 1.61  0.02  1.23%   
Syntec Construction statistic functions tool provides the execution environment for running the Beta function and other technical functions against Syntec Construction. Syntec Construction 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 statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Syntec Construction statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Syntec Construction correlated with the market. If Beta is less than 0 Syntec Construction generally moves in the opposite direction as compared to the market. If Syntec Construction Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Syntec Construction is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Syntec Construction is generally in the same direction as the market. If Beta > 1 Syntec Construction moves generally in the same direction as, but more than the movement of the benchmark.

Syntec Construction Technical Analysis Modules

Most technical analysis of Syntec Construction 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 Syntec from various momentum indicators to cycle indicators. When you analyze Syntec 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 Syntec Construction 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 Syntec Construction Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Syntec Construction Public based on widely used predictive technical indicators. In general, we focus on analyzing Syntec Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Syntec Construction's daily price indicators and compare them against related drivers, such as statistic functions 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 Syntec Construction's intrinsic value. In addition to deriving basic predictive indicators for Syntec Construction, we also check how macroeconomic factors affect Syntec Construction price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Syntec Construction's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.431.612.79
Details
Intrinsic
Valuation
LowRealHigh
0.211.392.57
Details
Naive
Forecast
LowNextHigh
0.441.622.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.581.611.64
Details

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Syntec Construction 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 Syntec Construction 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 Syntec Construction will appreciate offsetting losses from the drop in the long position's value.

Syntec Construction Pair Trading

Syntec Construction Public Pair Trading Analysis

Other Information on Investing in Syntec Stock

Syntec Construction financial ratios help investors to determine whether Syntec 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 Syntec with respect to the benefits of owning Syntec Construction security.