Netbay Public (Thailand) Technical Analysis
| NETBAY Stock | THB 19.30 0.10 0.52% |
As of the 25th of April, Netbay Public secures the Mean Deviation of 1.69, standard deviation of 2.41, and Risk Adjusted Performance of (0.06). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Netbay Public, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Netbay Public, which can be compared to its peers in the industry. Please verify Netbay Public information ratio, potential upside, and the relationship between the standard deviation and maximum drawdown to decide if Netbay Public is priced some-what accurately, providing market reflects its recent price of 19.3 per share.
Netbay 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 Netbay, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NetbayNetbay |
Netbay 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.
Netbay Public Technical Analysis
The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Netbay Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Netbay Public Trend Analysis
Use this graph to draw trend lines for Netbay Public. You can use it to identify possible trend reversals for Netbay 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 Netbay Public price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Netbay Public Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Netbay Public applied against its price change over selected period. The best fit line has a slop of 0.1 , which may suggest that Netbay Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 343.09, which is the sum of squared deviations for the predicted Netbay Public price change compared to its average price change.About Netbay 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 Netbay 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 Netbay Public based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Netbay Public price pattern first instead of the macroeconomic environment surrounding Netbay Public. By analyzing Netbay 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 Netbay 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 Netbay Public specific price patterns or momentum indicators. Please read more on our technical analysis page.
Netbay Public April 25, 2024 Technical Indicators
Most technical analysis of Netbay 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 Netbay from various momentum indicators to cycle indicators. When you analyze Netbay 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 | (0.06) | |||
| Market Risk Adjusted Performance | 1.66 | |||
| Mean Deviation | 1.69 | |||
| Coefficient Of Variation | (987.70) | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.79 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | 1.65 | |||
| Maximum Drawdown | 14.89 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 3.96 | |||
| Skewness | 0.555 | |||
| Kurtosis | 2.68 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Netbay 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 Netbay Public information on this page should be used as a complementary analysis to other Netbay 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Netbay Stock analysis
When running Netbay Public's price analysis, check to measure Netbay 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 Netbay Public is operating at the current time. Most of Netbay Public's value examination focuses on studying past and present price action to predict the probability of Netbay 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 Netbay Public's price. Additionally, you may evaluate how the addition of Netbay Public to your portfolios can decrease your overall portfolio volatility.
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