Eastern Commercial Stock Forecast - Day Typical Price
| ECL Stock | THB 1.41 0.04 2.76% |
Eastern Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Eastern Commercial stock prices and determine the direction of Eastern Commercial Leasing's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Eastern Commercial's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Eastern Commercial to cross-verify your projections. Eastern |
Most investors in Eastern Commercial 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 Eastern Commercial's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Eastern Commercial's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 1.42 | 1.42 |
| Check Eastern Commercial Volatility | Backtest Eastern Commercial | Information Ratio |
Eastern Commercial Trading Date Momentum
| On April 29 2024 Eastern Commercial Leasing was traded for 1.41 at the closing time. The maximum traded price for the trading interval was 1.43 and the lowest daily price was 1.41 . There was no trading activity during the period 0.0. Lack of trading volume on 29th of April 2024 did not affect price variability. The overall trading delta to the closing price today is 1.42% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Eastern Commercial to competition |
Other Forecasting Options for Eastern Commercial
For every potential investor in Eastern, whether a beginner or expert, Eastern Commercial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Eastern Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Eastern. Basic forecasting techniques help filter out the noise by identifying Eastern Commercial's price trends.Eastern Commercial 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 Eastern Commercial stock to make a market-neutral strategy. Peer analysis of Eastern Commercial could also be used in its relative valuation, which is a method of valuing Eastern Commercial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Eastern Commercial 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 Eastern Commercial'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 Eastern Commercial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Eastern Commercial Market Strength Events
Market strength indicators help investors to evaluate how Eastern Commercial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eastern Commercial shares will generate the highest return on investment. By undertsting and applying Eastern Commercial stock market strength indicators, traders can identify Eastern Commercial Leasing entry and exit signals to maximize returns.
Eastern Commercial Risk Indicators
The analysis of Eastern Commercial'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 Eastern Commercial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting eastern 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 | 1.63 | |||
| Semi Deviation | 1.91 | |||
| Standard Deviation | 2.39 | |||
| Variance | 5.71 | |||
| Downside Variance | 6.16 | |||
| Semi Variance | 3.66 | |||
| Expected Short fall | (2.19) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eastern Commercial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eastern Commercial's short interest history, or implied volatility extrapolated from Eastern Commercial options trading.
Pair Trading with Eastern Commercial
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 Eastern Commercial 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 Eastern Commercial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Eastern Commercial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastern Commercial 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 Eastern Commercial - 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 Eastern Commercial Leasing to buy it.
The correlation of Eastern Commercial 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 Eastern Commercial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastern Commercial 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 Eastern Commercial 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.Check out Historical Fundamental Analysis of Eastern Commercial to cross-verify your projections. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Eastern Stock analysis
When running Eastern Commercial's price analysis, check to measure Eastern Commercial'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 Eastern Commercial is operating at the current time. Most of Eastern Commercial's value examination focuses on studying past and present price action to predict the probability of Eastern Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern Commercial's price. Additionally, you may evaluate how the addition of Eastern Commercial to your portfolios can decrease your overall portfolio volatility.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |