Bumrungrad Hospital (Thailand) Technical Analysis
| BH Stock | THB 207.00 2.00 0.96% |
As of the 22nd of November, Bumrungrad Hospital shows the Risk Adjusted Performance of (0.08), standard deviation of 1.99, and Mean Deviation of 1.3. Bumrungrad Hospital technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Bumrungrad Hospital Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bumrungrad, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BumrungradBumrungrad |
Bumrungrad Hospital technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Bumrungrad Hospital Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Bumrungrad Hospital volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Bumrungrad Hospital Trend Analysis
Use this graph to draw trend lines for Bumrungrad Hospital Public. You can use it to identify possible trend reversals for Bumrungrad Hospital as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Bumrungrad Hospital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Bumrungrad Hospital Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bumrungrad Hospital Public applied against its price change over selected period. The best fit line has a slop of 0.54 , which may suggest that Bumrungrad Hospital Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 11049.06, which is the sum of squared deviations for the predicted Bumrungrad Hospital price change compared to its average price change.About Bumrungrad Hospital Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Bumrungrad Hospital Public on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Bumrungrad Hospital Public based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bumrungrad Hospital price pattern first instead of the macroeconomic environment surrounding Bumrungrad Hospital. By analyzing Bumrungrad Hospital's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Bumrungrad Hospital's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Bumrungrad Hospital specific price patterns or momentum indicators. Please read more on our technical analysis page.
Bumrungrad Hospital November 22, 2024 Technical Indicators
Most technical analysis of Bumrungrad 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 Bumrungrad from various momentum indicators to cycle indicators. When you analyze Bumrungrad charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.80) | |||
| Mean Deviation | 1.3 | |||
| Coefficient Of Variation | (917.71) | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.95 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.81) | |||
| Maximum Drawdown | 14.38 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 2.46 | |||
| Skewness | (1.26) | |||
| Kurtosis | 6.1 |
Other Information on Investing in Bumrungrad Stock
Bumrungrad Hospital financial ratios help investors to determine whether Bumrungrad 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 Bumrungrad with respect to the benefits of owning Bumrungrad Hospital security.