Thai Union (Thailand) Math Operators Index of highest value over a specified period

TU-R Stock  THB 13.53  0.52  4.00%   
Thai Union math operators tool provides the execution environment for running the Index of highest value over a specified period operator and other technical functions against Thai Union. Thai Union value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of math operators indicators. As with most other technical indicators, the Index of highest value over a specified period operator function is designed to identify and follow existing trends. Math Operators module provides interface to determine different price movement patterns of similar pairs of equity instruments such as null and Thai Union. Please specify Time Period to run this model.

The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Index of highest value over a specified period line plots maximum indexes of Thai Union Group price series.

Thai Union Technical Analysis Modules

Most technical analysis of Thai Union help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Thai from various momentum indicators to cycle 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 Union Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thai Union Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thai Union Group based on widely used predictive technical indicators. In general, we focus on analyzing Thai Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thai Union's daily price indicators and compare them against related drivers, such as math operators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Thai Union's intrinsic value. In addition to deriving basic predictive indicators for Thai Union, we also check how macroeconomic factors affect Thai Union price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.6813.531,367
Details
Intrinsic
Valuation
LowRealHigh
0.458.941,362
Details
Naive
Forecast
LowNextHigh
0.2713.37193.02
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.6913.1813.67
Details

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Thai Union Group pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thai Union position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thai Union will appreciate offsetting losses from the drop in the long position's value.

Thai Union Pair Trading

Thai Union Group Pair Trading Analysis

The ability to find closely correlated positions to Thai Union could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thai Union when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thai Union - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thai Union Group to buy it.
The correlation of Thai Union is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thai Union moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thai Union Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thai Union can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Thai Stock

Thai Union 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 Union security.