Star Petroleum (Thailand) Technical Analysis
SPRC-R Stock | THB 6.85 1.24 15.33% |
As of the 21st of September, Star Petroleum has the Variance of 9.98, coefficient of variation of 4509.3, and Risk Adjusted Performance of 0.0254. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Star Petroleum Refining, as well as the relationship between them.
Star Petroleum Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Star, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StarStar |
Star Petroleum 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.
Star Petroleum Refining Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Star Petroleum Refining volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Star Petroleum Refining Trend Analysis
Use this graph to draw trend lines for Star Petroleum Refining. You can use it to identify possible trend reversals for Star Petroleum 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 Star Petroleum price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Star Petroleum Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Star Petroleum Refining applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Star Petroleum Refining market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5.63, which is the sum of squared deviations for the predicted Star Petroleum price change compared to its average price change.About Star Petroleum 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 Star Petroleum Refining 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 Star Petroleum Refining based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Star Petroleum Refining price pattern first instead of the macroeconomic environment surrounding Star Petroleum Refining. By analyzing Star Petroleum'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 Star Petroleum'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 Star Petroleum specific price patterns or momentum indicators. Please read more on our technical analysis page.
Star Petroleum September 21, 2024 Technical Indicators
Most technical analysis of Star 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 Star from various momentum indicators to cycle indicators. When you analyze Star 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 | 0.0254 | |||
Market Risk Adjusted Performance | (0.15) | |||
Mean Deviation | 0.694 | |||
Coefficient Of Variation | 4509.3 | |||
Standard Deviation | 3.16 | |||
Variance | 9.98 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | 0.103 | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | (0.16) | |||
Maximum Drawdown | 19.85 | |||
Skewness | 2.06 | |||
Kurtosis | 32.38 |
Complementary Tools for Star Stock analysis
When running Star Petroleum's price analysis, check to measure Star Petroleum'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 Star Petroleum is operating at the current time. Most of Star Petroleum's value examination focuses on studying past and present price action to predict the probability of Star Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Star Petroleum's price. Additionally, you may evaluate how the addition of Star Petroleum to your portfolios can decrease your overall portfolio volatility.
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