TKrungthai Industries Stock Forecast - Daily Balance Of Power

TKT Stock  THB 1.56  0.02  1.27%   
TKrungthai Stock Forecast is based on your current time horizon.
  
On December 2, 2024 TKrungthai Industries Public had Daily Balance Of Power of (0.25). Balance of Power indicator (or BOP) measures the strength of TKrungthai Industries Public market sensitivity to bulls and bears. It estimates the ability of TKrungthai Industries buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring TKrungthai Industries Balance of Power indicator one can determine a trend of the price direction.
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TKrungthai Industries Trading Date Momentum

On December 03 2024 TKrungthai Industries Public was traded for  1.59  at the closing time. The maximum traded price for the trading interval was 1.63  and the lowest daily price was  1.59 . The daily volume was recorded at 19.2 K. The volume of trading on 3rd of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 2.45% . The trading price change to the closing price today is 3.07% .
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 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.