Star Petroleum Stock Forecast - Daily Balance Of Power

SPRC-R Stock  THB 6.75  0.15  2.27%   
Star Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Star Petroleum stock prices and determine the direction of Star Petroleum Refining's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Star Petroleum's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 9, 2023 Star Petroleum Refining had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Star Petroleum Refining market sensitivity to bulls and bears. It estimates the ability of Star Petroleum buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Star Petroleum Balance of Power indicator one can determine a trend of the price direction.
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Star Petroleum Trading Date Momentum

On November 10 2023 Star Petroleum Refining was traded for  8.09  at the closing time. The highest price during the trading period was 8.09  and the lowest recorded bid was listed for  8.09 . There was no trading activity during the period 1.0. Lack of trading volume on November 10, 2023 did not result in any price rise and fall. The trading price change to the current price is 0.00% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Star Petroleum 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 Star Petroleum stock to make a market-neutral strategy. Peer analysis of Star Petroleum could also be used in its relative valuation, which is a method of valuing Star Petroleum by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Star Petroleum Market Strength Events

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

Star Petroleum Risk Indicators

The analysis of Star Petroleum'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 Star Petroleum's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting star 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 Star Stock

Star Petroleum financial ratios help investors to determine whether Star 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 Star with respect to the benefits of owning Star Petroleum security.