STPI Public (Thailand) Overlap Studies Bollinger Bands

STPI Stock  THB 3.44  0.10  2.99%   
STPI Public overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against STPI Public. STPI Public value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. STPI Public overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. STPI Public middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for STPI Public. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

STPI Public Technical Analysis Modules

Most technical analysis of STPI Public 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 STPI from various momentum indicators to cycle indicators. When you analyze STPI charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About STPI Public Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of STPI Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of STPI Public based on widely used predictive technical indicators. In general, we focus on analyzing STPI Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build STPI Public's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of STPI Public's intrinsic value. In addition to deriving basic predictive indicators for STPI Public, we also check how macroeconomic factors affect STPI Public price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.173.44347.44
Details
Intrinsic
Valuation
LowRealHigh
0.153.04347.05
Details
Naive
Forecast
LowNextHigh
0.073.32130.15
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.333.423.51
Details

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STPI Public pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if STPI Public position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in STPI Public will appreciate offsetting losses from the drop in the long position's value.

STPI Public Pair Trading

STPI Public Pair Trading Analysis

The ability to find closely correlated positions to STPI Public could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace STPI Public when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back STPI Public - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling STPI Public to buy it.
The correlation of STPI Public is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as STPI Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if STPI Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for STPI Public can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in STPI Stock

STPI Public financial ratios help investors to determine whether STPI 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 STPI with respect to the benefits of owning STPI Public security.