Asia Plus (Thailand) Technical Analysis

ASP Stock  THB 2.62  0.04  1.50%   
As of the 19th of April, Asia Plus shows the Mean Deviation of 0.4327, risk adjusted performance of (0.07), and Standard Deviation of 0.6155. Asia Plus Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Asia Plus Group, which can be compared to its peers. Please confirm Asia Plus Group standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Asia Plus Group is priced correctly, providing market reflects its regular price of 2.62 per share.

Asia Plus Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Asia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Asia
  
Asia Plus' 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.
Asia Plus technical stock 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, stock market cycles, or different charting patterns.
A focus of Asia Plus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asia Plus 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...

Asia Plus Group Technical Analysis

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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 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 Asia Plus Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Asia Plus Group Trend Analysis

Use this graph to draw trend lines for Asia Plus Group. You can use it to identify possible trend reversals for Asia Plus 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 Asia Plus price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Asia Plus Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Asia Plus Group applied against its price change over selected period. The best fit line has a slop of   0.0009  , which may suggest that Asia Plus Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Asia Plus price change compared to its average price change.

About Asia Plus 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 Asia Plus Group 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 Asia Plus Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Asia Plus Group price pattern first instead of the macroeconomic environment surrounding Asia Plus Group. By analyzing Asia Plus'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 Asia Plus'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 Asia Plus specific price patterns or momentum indicators. Please read more on our technical analysis page.

Asia Plus April 19, 2024 Technical Indicators

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

Asia Plus April 19, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Asia stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asia Plus Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Asia Stock analysis

When running Asia Plus' price analysis, check to measure Asia Plus' 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 Asia Plus is operating at the current time. Most of Asia Plus' value examination focuses on studying past and present price action to predict the probability of Asia Plus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Plus' price. Additionally, you may evaluate how the addition of Asia Plus to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Asia Plus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Asia Plus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asia Plus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.