TKrungthai Industries Stock Forecast - Accumulation Distribution

TKT Stock  THB 1.60  0.01  0.63%   
TKrungthai Stock Forecast is based on your current time horizon.
  
On November 18, 2024 TKrungthai Industries Public had Accumulation Distribution of 353.94. The accumulation distribution (A/D) indicator shows the degree to which TKrungthai Industries is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of TKrungthai Industries Public to determine if accumulation or reduction is taking place in the market. This value is adjusted by TKrungthai Industries trading volume to give more weight to distributions with higher volume over lower volume.
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TKrungthai Industries Trading Date Momentum

On November 19 2024 TKrungthai Industries Public was traded for  1.59  at the closing time. The maximum traded price for the trading interval was 1.64  and the lowest daily price was  1.59 . The daily volume was recorded at 53.5 K. The volume of trading on 19th of November 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 3.05% . The trading price change to the closing price today is 7.32% .
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
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Other Forecasting Options for TKrungthai Industries

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

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

TKrungthai Industries 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 TKrungthai Industries' 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 TKrungthai Industries' current price.

TKrungthai Industries Market Strength Events

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

TKrungthai Industries Risk Indicators

The analysis of TKrungthai Industries' 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 TKrungthai Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tkrungthai 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 TKrungthai Stock

TKrungthai Industries financial ratios help investors to determine whether TKrungthai 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 TKrungthai with respect to the benefits of owning TKrungthai Industries security.