Thai Beverage Pcl Stock Technical Analysis
| TBVPY Stock | USD 36.00 0.00 0.00% |
As of the 19th of April, Thai Beverage has the Coefficient Of Variation of (1,183), risk adjusted performance of (0.05), and Variance of 0.9471. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thai Beverage PCL, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for eleven technical drivers for Thai Beverage PCL, which can be compared to its competition. Please validate Thai Beverage PCL mean deviation and maximum drawdown to decide if Thai Beverage is priced more or less accurately, providing market reflects its prevalent price of 36.0 per share. Given that Thai Beverage PCL has variance of 0.9471, we advise you to double-check Thai Beverage PCL's current market performance to make sure the company can sustain itself at a future point.
Thai Beverage Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Thai, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ThaiThai |
Thai Beverage 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.
Thai Beverage PCL Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Thai Beverage PCL volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Thai Beverage PCL Trend Analysis
Use this graph to draw trend lines for Thai Beverage PCL. You can use it to identify possible trend reversals for Thai Beverage 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 Thai Beverage price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Thai Beverage Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Thai Beverage PCL applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that Thai Beverage PCL market price will keep on failing further. It has 122 observation points and a regression sum of squares at 165.79, which is the sum of squared deviations for the predicted Thai Beverage price change compared to its average price change.About Thai Beverage 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 Thai Beverage PCL 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 Thai Beverage PCL based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Thai Beverage PCL price pattern first instead of the macroeconomic environment surrounding Thai Beverage PCL. By analyzing Thai Beverage'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 Thai Beverage'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 Thai Beverage specific price patterns or momentum indicators. Please read more on our technical analysis page.
Thai Beverage April 19, 2024 Technical Indicators
Most technical analysis of Thai 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.36) | |||
| Mean Deviation | 0.3189 | |||
| Coefficient Of Variation | (1,183) | |||
| Standard Deviation | 0.9732 | |||
| Variance | 0.9471 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.37) | |||
| Maximum Drawdown | 9.4 | |||
| Skewness | (3.43) | |||
| Kurtosis | 24.97 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thai Beverage PCL. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Thai Pink Sheet analysis
When running Thai Beverage's price analysis, check to measure Thai Beverage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thai Beverage is operating at the current time. Most of Thai Beverage's value examination focuses on studying past and present price action to predict the probability of Thai Beverage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thai Beverage's price. Additionally, you may evaluate how the addition of Thai Beverage to your portfolios can decrease your overall portfolio volatility.
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