Thai Rung (Thailand) Price Prediction

TRU Stock  THB 3.18  0.02  0.63%   
As of now, the value of RSI of Thai Rung's share price is approaching 41. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Thai Rung, making its price go up or down.

Oversold Vs Overbought

41

 
Oversold
 
Overbought
The successful prediction of Thai Rung's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Thai Rung Union, which may create opportunities for some arbitrage if properly timed.
Using Thai Rung hype-based prediction, you can estimate the value of Thai Rung Union from the perspective of Thai Rung response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Thai Rung to buy its stock at a price that has no basis in reality. In that case, they are not buying Thai because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Thai Rung after-hype prediction price

    
  THB 3.18  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Thai Rung Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
0.163.20321.20
Details
Naive
Forecast
LowNextHigh
0.063.19129.01
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.163.193.21
Details

Thai Rung After-Hype Price Prediction Density Analysis

As far as predicting the price of Thai Rung at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Thai Rung or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Thai Rung, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Thai Rung Estimiated After-Hype Price Volatility

In the context of predicting Thai Rung's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Thai Rung's historical news coverage. Thai Rung's after-hype downside and upside margins for the prediction period are 0.16 and 321.18, respectively. We have considered Thai Rung's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
3.18
3.18
After-hype Price
321.18
Upside
Thai Rung is out of control at this time. Analysis and calculation of next after-hype price of Thai Rung Union is based on 3 months time horizon.

Thai Rung Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Thai Rung is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Thai Rung backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Thai Rung, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  14.09 
125.82
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Within a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
3.18
3.18
0.00 
0.00  
Notes

Thai Rung Hype Timeline

Thai Rung Union is at this time traded for 3.18on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Thai is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at 14.09%. %. The volatility of related hype on Thai Rung is about 0.0%, with the expected price after the next announcement by competition of 3.18. About 76.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.04. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Thai Rung Union last dividend was issued on the 11th of May 2022. The entity had 10:11 split on the 11th of May 2023. Assuming the 90 days trading horizon the next anticipated press release will be within a week.
Check out Thai Rung Basic Forecasting Models to cross-verify your projections.

Thai Rung Related Hype Analysis

Having access to credible news sources related to Thai Rung's direct competition is more important than ever and may enhance your ability to predict Thai Rung's future price movements. Getting to know how Thai Rung's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Thai Rung may potentially react to the hype associated with one of its peers.

Thai Rung Additional Predictive Modules

Most predictive techniques to examine Thai price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Thai using various technical indicators. When you analyze Thai charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Thai Rung Predictive Indicators

The successful prediction of Thai Rung stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Thai Rung Union, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Thai Rung based on analysis of Thai Rung hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Thai Rung's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Thai Rung's related companies.

Story Coverage note for Thai Rung

The number of cover stories for Thai Rung depends on current market conditions and Thai Rung's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Thai Rung is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Thai Rung's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Thai Rung Short Properties

Thai Rung's future price predictability will typically decrease when Thai Rung's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Thai Rung Union often depends not only on the future outlook of the potential Thai Rung's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Thai Rung's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding595.4 M

Other Information on Investing in Thai Stock

Thai Rung 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 Rung security.