ThaiDEX SET (Thailand) Price Prediction

1DIV Etf  THB 10.79  0.06  0.56%   
As of now, the relative strength momentum indicator of ThaiDEX SET's share price is approaching 46. This suggests that the etf 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 ThaiDEX SET, making its price go up or down.

Oversold Vs Overbought

46

 
Oversold
 
Overbought
The successful prediction of ThaiDEX SET's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with ThaiDEX SET High, which may create opportunities for some arbitrage if properly timed.
Using ThaiDEX SET hype-based prediction, you can estimate the value of ThaiDEX SET High from the perspective of ThaiDEX SET 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 ThaiDEX SET to buy its etf at a price that has no basis in reality. In that case, they are not buying ThaiDEX 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 etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

ThaiDEX SET after-hype prediction price

    
  THB 10.79  
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 etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out ThaiDEX SET Basic Forecasting Models to cross-verify your projections.
Intrinsic
Valuation
LowRealHigh
9.7111.7912.63
Details
Naive
Forecast
LowNextHigh
10.0310.8711.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.6910.7610.82
Details

ThaiDEX SET After-Hype Price Prediction Density Analysis

As far as predicting the price of ThaiDEX SET 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 ThaiDEX SET 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 Etf prices, such as prices of ThaiDEX SET, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

ThaiDEX SET Estimiated After-Hype Price Volatility

In the context of predicting ThaiDEX SET's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ThaiDEX SET's historical news coverage. ThaiDEX SET's after-hype downside and upside margins for the prediction period are 9.95 and 11.63, respectively. We have considered ThaiDEX SET'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
10.79
10.79
After-hype Price
11.63
Upside
ThaiDEX SET is very steady at this time. Analysis and calculation of next after-hype price of ThaiDEX SET High is based on 3 months time horizon.

ThaiDEX SET Etf Price Prediction Analysis

Have you ever been surprised when a price of a ETF such as ThaiDEX SET is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ThaiDEX SET 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 Etf 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 ThaiDEX SET, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.08 
0.84
 0.00  
 0.00  
0 Events / Month
0 Events / Month
In 5 to 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
10.79
10.79
0.00 
0.00  
Notes

ThaiDEX SET Hype Timeline

ThaiDEX SET High is presently traded for 10.79on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. ThaiDEX is forecasted 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 forecasted to be very small, whereas the daily expected return is presently at 0.08%. %. The volatility of related hype on ThaiDEX SET is about 0.0%, with the expected price after the next announcement by competition of 10.79. The company last dividend was issued on the 31st of July 1970. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days.
Check out ThaiDEX SET Basic Forecasting Models to cross-verify your projections.

ThaiDEX SET Related Hype Analysis

Having access to credible news sources related to ThaiDEX SET's direct competition is more important than ever and may enhance your ability to predict ThaiDEX SET's future price movements. Getting to know how ThaiDEX SET'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 ThaiDEX SET may potentially react to the hype associated with one of its peers.

ThaiDEX SET Additional Predictive Modules

Most predictive techniques to examine ThaiDEX price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ThaiDEX using various technical indicators. When you analyze ThaiDEX 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 ThaiDEX SET Predictive Indicators

The successful prediction of ThaiDEX SET 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 ThaiDEX SET High, 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 ThaiDEX SET based on analysis of ThaiDEX SET hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ThaiDEX SET's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ThaiDEX SET's related companies.

Story Coverage note for ThaiDEX SET

The number of cover stories for ThaiDEX SET depends on current market conditions and ThaiDEX SET's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ThaiDEX SET 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 ThaiDEX SET'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

ThaiDEX SET Short Properties

ThaiDEX SET's future price predictability will typically decrease when ThaiDEX SET's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ThaiDEX SET High often depends not only on the future outlook of the potential ThaiDEX SET'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. ThaiDEX SET's indicators that are reflective of the short sentiment are summarized in the table below.
Average Daily Volume Last 10 Day45.17k
Average Daily Volume In Three Month26.05k

Other Information on Investing in ThaiDEX Etf

ThaiDEX SET financial ratios help investors to determine whether ThaiDEX Etf 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 ThaiDEX with respect to the benefits of owning ThaiDEX SET security.