Unimit Engineering Stock Forecast - Period Momentum Indicator

UEC Stock  THB 1.25  0.02  1.63%   
Unimit Stock Forecast is based on your current time horizon.
  
Unimit Engineering Public has current Period Momentum Indicator of 0.02. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Unimit Engineering Trading Date Momentum

On November 29 2024 Unimit Engineering Public was traded for  1.25  at the closing time. The maximum traded price for the trading interval was 1.25  and the lowest daily price was  1.25 . The daily volume was recorded at 5.8 K. The volume of trading on 29th of November 2024 did not result in any price rise and fall. The trading price change to the closing price today is 0.00% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Unimit Engineering

For every potential investor in Unimit, whether a beginner or expert, Unimit Engineering's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Unimit Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Unimit. Basic forecasting techniques help filter out the noise by identifying Unimit Engineering's price trends.

Unimit Engineering Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Unimit Engineering stock to make a market-neutral strategy. Peer analysis of Unimit Engineering could also be used in its relative valuation, which is a method of valuing Unimit Engineering by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Unimit Engineering Public Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Unimit Engineering's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Unimit Engineering's current price.

Unimit Engineering Market Strength Events

Market strength indicators help investors to evaluate how Unimit Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unimit Engineering shares will generate the highest return on investment. By undertsting and applying Unimit Engineering stock market strength indicators, traders can identify Unimit Engineering Public entry and exit signals to maximize returns.

Unimit Engineering Risk Indicators

The analysis of Unimit Engineering's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Unimit Engineering's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting unimit stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Other Information on Investing in Unimit Stock

Unimit Engineering financial ratios help investors to determine whether Unimit 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 Unimit with respect to the benefits of owning Unimit Engineering security.