Erawan Stock Forecast - Price Action Indicator
| ERW Stock | THB 4.74 0.22 4.44% |
Erawan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Erawan stock prices and determine the direction of The Erawan Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Erawan's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Erawan to cross-verify your projections. Erawan |
Most investors in Erawan cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Erawan's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Erawan's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Check Erawan Volatility | Backtest Erawan | Information Ratio |
Erawan Trading Date Momentum
| On May 17 2024 The Erawan Group was traded for 4.74 at the closing time. The maximum traded price for the trading interval was 4.96 and the lowest daily price was 4.72 . The daily volume was recorded at 42.6 M. The volume of trading on 17th of May 2024 did not result in any price rise and fall. The trading price change to the closing price today is 4.22% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Erawan to competition |
Other Forecasting Options for Erawan
For every potential investor in Erawan, whether a beginner or expert, Erawan's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Erawan Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Erawan. Basic forecasting techniques help filter out the noise by identifying Erawan's price trends.Erawan Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Erawan stock to make a market-neutral strategy. Peer analysis of Erawan could also be used in its relative valuation, which is a method of valuing Erawan by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Erawan Group Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Erawan's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Erawan's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Erawan Market Strength Events
Market strength indicators help investors to evaluate how Erawan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Erawan shares will generate the highest return on investment. By undertsting and applying Erawan stock market strength indicators, traders can identify The Erawan Group entry and exit signals to maximize returns.
| Accumulation Distribution | 2.1 M | |||
| Daily Balance Of Power | (0.92) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 4.84 | |||
| Day Typical Price | 4.81 | |||
| Price Action Indicator | (0.21) | |||
| Period Momentum Indicator | (0.22) |
Erawan Risk Indicators
The analysis of Erawan's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Erawan's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting erawan stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.9502 | |||
| Standard Deviation | 1.38 | |||
| Variance | 1.9 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Erawan Group using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Historical Fundamental Analysis of Erawan to cross-verify your projections. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Erawan Stock analysis
When running Erawan's price analysis, check to measure Erawan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Erawan is operating at the current time. Most of Erawan's value examination focuses on studying past and present price action to predict the probability of Erawan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erawan's price. Additionally, you may evaluate how the addition of Erawan to your portfolios can decrease your overall portfolio volatility.
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