Star Petroleum Stock Forecast - Daily Balance Of Power
SPRC Stock | THB 6.70 0.15 2.19% |
Star Stock Forecast is based on your current time horizon.
Star |
Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
(1.00) | (0.34) |
Check Star Petroleum Volatility | Backtest Star Petroleum | Trend Details |
Star Petroleum Trading Date Momentum
On March 20 2023 Star Petroleum Refining was traded for 9.62 at the closing time. The highest price during the trading period was 9.86 and the lowest recorded bid was listed for 9.47 . The volume for the day was 9.3 M. This history from March 20, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 1.43% . The trading price change to the current price is 1.95% . |
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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Other Forecasting Options for Star Petroleum
For every potential investor in Star, whether a beginner or expert, Star Petroleum's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Star Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Star. Basic forecasting techniques help filter out the noise by identifying Star Petroleum's price trends.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 Refining 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 Star Petroleum'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 Star Petroleum's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Mean Deviation | 1.66 | |||
Standard Deviation | 2.12 | |||
Variance | 4.48 |
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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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.