Thai Oil Stock Forecast - Accumulation Distribution

TOP Stock  THB 39.50  1.00  2.47%   
Thai Stock Forecast is based on your current time horizon.
  
On October 25, 2024 Thai Oil Public had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Thai Oil is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Thai Oil Public to determine if accumulation or reduction is taking place in the market. This value is adjusted by Thai Oil trading volume to give more weight to distributions with higher volume over lower volume.
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Thai Oil Trading Date Momentum

On October 28 2024 Thai Oil Public was traded for  41.50  at the closing time. The maximum traded price for the trading interval was 43.50  and the lowest daily price was  41.50 . The daily volume was recorded at 33.9 M. The volume of trading on 28th of October 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 9.78% . The trading price change to the closing price today is 9.78% .
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 Thai Oil

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

Thai Oil 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 Thai Oil stock to make a market-neutral strategy. Peer analysis of Thai Oil could also be used in its relative valuation, which is a method of valuing Thai Oil by comparing valuation metrics with similar companies.
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Thai Oil Public 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 Thai Oil'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 Thai Oil's current price.

Thai Oil Market Strength Events

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

Thai Oil Risk Indicators

The analysis of Thai Oil'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 Thai Oil's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thai 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 Thai Stock

Thai Oil financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Oil security.