Thonburi Healthcare Stock Forecast - Daily Balance Of Power

THG Stock  THB 16.80  0.30  1.75%   
Thonburi Stock Forecast is based on your current time horizon.
  
On January 11, 2024 Thonburi Healthcare Grp had Daily Balance Of Power of (0.51). Balance of Power indicator (or BOP) measures the strength of Thonburi Healthcare Grp market sensitivity to bulls and bears. It estimates the ability of Thonburi Healthcare buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Thonburi Healthcare Balance of Power indicator one can determine a trend of the price direction.
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Thonburi Healthcare Trading Date Momentum

On January 12 2024 Thonburi Healthcare Grp was traded for  52.95  at the closing time. The maximum traded price for the trading interval was 54.44  and the lowest daily price was  51.47 . The daily volume was recorded at 2.8 M. The volume of trading on 12th of January 2024 played a part in the next trading day price upswing. The trading price change to the next closing price was 3.38% . The trading price change to the closing price today is 4.35% .
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 Thonburi Healthcare

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

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

Thonburi Healthcare Grp 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 Thonburi Healthcare'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 Thonburi Healthcare's current price.

Thonburi Healthcare Market Strength Events

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

Thonburi Healthcare Risk Indicators

The analysis of Thonburi Healthcare'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 Thonburi Healthcare's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thonburi 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 Thonburi Stock

Thonburi Healthcare financial ratios help investors to determine whether Thonburi 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 Thonburi with respect to the benefits of owning Thonburi Healthcare security.