Krung Thai Bank Stock Technical Analysis

KGTFFDelisted Stock  USD 0.49  0.00  0.00%   
As of the 16th of April 2024, Krung Thai secures the Standard Deviation of 6.55, risk adjusted performance of 0.1743, and Mean Deviation of 4.76. Krung Thai Bank technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Krung Thai, which can be compared to its peers in the industry. Please verify Krung Thai Bank standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Krung Thai Bank is priced some-what accurately, providing market reflects its recent price of 0.49 per share. As Krung Thai Bank is a penny stock we also strongly advise to check its jensen alpha numbers.

Krung Thai Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Krung, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Krung
  
Krung Thai's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Krung Thai technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Krung Thai technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Krung Thai trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Krung Thai Bank Technical Analysis

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Krung Thai Bank Trend Analysis

Use this graph to draw trend lines for Krung Thai Bank. You can use it to identify possible trend reversals for Krung Thai as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Krung Thai price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Krung Thai Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Krung Thai Bank applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Krung Thai Bank will continue generating value for investors. It has 32 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted Krung Thai price change compared to its average price change.

About Krung Thai Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Krung Thai Bank on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Krung Thai Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Krung Thai Bank price pattern first instead of the macroeconomic environment surrounding Krung Thai Bank. By analyzing Krung Thai's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Krung Thai's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Krung Thai specific price patterns or momentum indicators. Please read more on our technical analysis page.

Krung Thai April 16, 2024 Technical Indicators

Most technical analysis of Krung 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 Krung from various momentum indicators to cycle indicators. When you analyze Krung charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Krung Thai Bank information on this page should be used as a complementary analysis to other Krung Thai's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Other Consideration for investing in Krung Pink Sheet

If you are still planning to invest in Krung Thai Bank check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Krung Thai's history and understand the potential risks before investing.
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