Asefa Public (Thailand) Technical Analysis

ASEFA Stock  THB 3.92  0.02  0.51%   
As of the 16th of April 2024, Asefa Public shows the risk adjusted performance of 0.0374, and Mean Deviation of 0.6768. Asefa Public 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Asefa Public, which can be compared to its peers. Please confirm Asefa Public variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Asefa Public is priced correctly, providing market reflects its regular price of 3.92 per share.

Asefa Public Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Asefa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Asefa
  
Asefa Public's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Asefa Public 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.
A focus of Asefa Public technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asefa Public trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Asefa Public Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Asefa Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Asefa Public Trend Analysis

Use this graph to draw trend lines for Asefa Public. You can use it to identify possible trend reversals for Asefa Public 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 Asefa Public price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Asefa Public Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Asefa Public applied against its price change over selected period. The best fit line has a slop of    , which means Asefa Public will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.34, which is the sum of squared deviations for the predicted Asefa Public price change compared to its average price change.

About Asefa Public 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 Asefa 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 Asefa Public based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Asefa Public price pattern first instead of the macroeconomic environment surrounding Asefa Public. By analyzing Asefa Public'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 Asefa Public'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 Asefa Public specific price patterns or momentum indicators. Please read more on our technical analysis page.

Asefa Public April 16, 2024 Technical Indicators

Most technical analysis of Asefa 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 Asefa from various momentum indicators to cycle indicators. When you analyze Asefa 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asefa Public. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Asefa Public information on this page should be used as a complementary analysis to other Asefa Public's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Asefa Stock analysis

When running Asefa Public's price analysis, check to measure Asefa Public'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 Asefa Public is operating at the current time. Most of Asefa Public's value examination focuses on studying past and present price action to predict the probability of Asefa Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asefa Public's price. Additionally, you may evaluate how the addition of Asefa Public to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Asefa Public's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asefa Public is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asefa Public's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.