Sermsang Power (Thailand) Momentum Indicators Rate of change percentage

SSP Stock  THB 5.60  0.10  1.82%   
Sermsang Power momentum indicators tool provides the execution environment for running the Rate of change percentage indicator and other technical functions against Sermsang Power. Sermsang Power 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 momentum indicators indicators. As with most other technical indicators, the Rate of change percentage indicator function is designed to identify and follow existing trends. Momentum indicators of Sermsang Power are pattern recognition functions that provide distinct formation on Sermsang Power potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was thirty with a total number of output elements of thirty-one. The Rate of change Percentage: (price-prevPrice)/prevPrice indicator measures the percentage change in Sermsang Power price from one period to the next.

Sermsang Power Technical Analysis Modules

Most technical analysis of Sermsang Power 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 Sermsang from various momentum indicators to cycle indicators. When you analyze Sermsang 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 Sermsang Power 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 Sermsang Power. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sermsang Power based on widely used predictive technical indicators. In general, we focus on analyzing Sermsang Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sermsang Power's daily price indicators and compare them against related drivers, such as momentum indicators 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 Sermsang Power's intrinsic value. In addition to deriving basic predictive indicators for Sermsang Power, we also check how macroeconomic factors affect Sermsang Power price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
4.485.606.72
Details
Intrinsic
Valuation
LowRealHigh
3.784.906.02
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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Sermsang Power 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 Sermsang Power 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 Sermsang Power will appreciate offsetting losses from the drop in the long position's value.

Sermsang Power Pair Trading

Sermsang Power Pair Trading Analysis

The ability to find closely correlated positions to Sermsang Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sermsang Power 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 Sermsang Power - 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 Sermsang Power to buy it.
The correlation of Sermsang Power 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 Sermsang Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sermsang Power 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 Sermsang Power 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 Sermsang Stock

Sermsang Power financial ratios help investors to determine whether Sermsang 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 Sermsang with respect to the benefits of owning Sermsang Power security.