Central Plaza (Thailand) Momentum Indicators Stochastic Relative Strength Index
| CENTEL-R | THB 38.00 0.53 1.41% |
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The output start index for this execution was nine with a total number of output elements of fifty-two. The Stochastic Relative Strength Index compares Central Plaza closing price in relationship to its price range over a given period of time. When the Central Plaza Hotel SRSI reaches up above the upper threshold line, the equity is considered overbought with anticipation a reversal of Central Plaza trend.
Central Plaza Technical Analysis Modules
Most technical analysis of Central Plaza 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 Central from various momentum indicators to cycle indicators. When you analyze Central 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.| Cycle Indicators | ||
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About Central Plaza 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 Central Plaza Hotel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Central Plaza Hotel based on widely used predictive technical indicators. In general, we focus on analyzing Central Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Central Plaza'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 Central Plaza's intrinsic value. In addition to deriving basic predictive indicators for Central Plaza, we also check how macroeconomic factors affect Central Plaza price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Central Plaza's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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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.Did you try this?
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Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments |
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Central Plaza Hotel 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 Central Plaza 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 Central Plaza will appreciate offsetting losses from the drop in the long position's value.Central Plaza Pair Trading
Central Plaza Hotel Pair Trading Analysis
The ability to find closely correlated positions to Central Plaza could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Central Plaza 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 Central Plaza - 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 Central Plaza Hotel to buy it.
The correlation of Central Plaza 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 Central Plaza moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Central Plaza Hotel 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 Central Plaza 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.Other Information on Investing in Central Stock
Central Plaza financial ratios help investors to determine whether Central 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 Central with respect to the benefits of owning Central Plaza security.