PTT Oil Stock Forecast - Accumulation Distribution

OR Stock  THB 14.30  0.10  0.69%   
PTT Stock Forecast is based on your current time horizon.
  
On October 9, 2024 PTT Oil and had Accumulation Distribution of 53297.04. The accumulation distribution (A/D) indicator shows the degree to which PTT Oil is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of PTT Oil and to determine if accumulation or reduction is taking place in the market. This value is adjusted by PTT Oil trading volume to give more weight to distributions with higher volume over lower volume.
Check PTT Oil VolatilityBacktest PTT OilTrend Details  

PTT Oil Trading Date Momentum

On October 10 2024 PTT Oil and was traded for  16.70  at the closing time. The highest daily price throughout the period was 16.80  and the lowest price was  16.60 . The daily volume was 10.4 M. The net trading volume on 10/10/2024 did not cause price change. The trading delta at closing time to current closing price is 0.60% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare PTT Oil to competition

Other Forecasting Options for PTT Oil

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

PTT Oil 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 PTT Oil stock to make a market-neutral strategy. Peer analysis of PTT Oil could also be used in its relative valuation, which is a method of valuing PTT Oil by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

PTT Oil 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 PTT Oil'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 PTT Oil's current price.

PTT Oil Market Strength Events

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

PTT Oil Risk Indicators

The analysis of PTT Oil'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 PTT Oil's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ptt 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.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in PTT Stock

PTT Oil financial ratios help investors to determine whether PTT 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 PTT with respect to the benefits of owning PTT Oil security.