Eastern Polymer Stock Forecast - Daily Balance Of Power
| EPG-R Stock | THB 6.90 0.17 2.53% |
Eastern Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Eastern Polymer stock prices and determine the direction of Eastern Polymer Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Eastern Polymer's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Eastern Polymer to cross-verify your projections. Eastern |
Most investors in Eastern Polymer 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 Polymer's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Eastern Polymer's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Eastern Polymer Group market sensitivity to bulls and bears. It estimates the ability of Eastern Polymer buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Eastern Polymer Balance of Power indicator one can determine a trend of the price direction.| Check Eastern Polymer Volatility | Backtest Eastern Polymer | Information Ratio |
Eastern Polymer Trading Date Momentum
| On May 05 2024 Eastern Polymer Group was traded for 6.90 at the closing time. The highest price during the trading period was 7.00 and the lowest recorded bid was listed for 6.80 . There was no trading activity during the period 0.0. Lack of trading volume on May 5, 2024 did not affect price variability. The overall trading delta to the current price is 0.00% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Eastern Polymer to competition |
Other Forecasting Options for Eastern Polymer
For every potential investor in Eastern, whether a beginner or expert, Eastern Polymer'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 Polymer's price trends.Eastern Polymer 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 Polymer stock to make a market-neutral strategy. Peer analysis of Eastern Polymer could also be used in its relative valuation, which is a method of valuing Eastern Polymer by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Eastern Polymer 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 Eastern Polymer'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 Polymer's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Eastern Polymer Market Strength Events
Market strength indicators help investors to evaluate how Eastern Polymer 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 Polymer shares will generate the highest return on investment. By undertsting and applying Eastern Polymer stock market strength indicators, traders can identify Eastern Polymer Group entry and exit signals to maximize returns.
Eastern Polymer Risk Indicators
The analysis of Eastern Polymer'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 Polymer'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 | 0.0754 | |||
| Standard Deviation | 0.3109 | |||
| Variance | 0.0967 |
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.
Pair Trading with Eastern Polymer
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 Polymer 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 Polymer will appreciate offsetting losses from the drop in the long position's value.Moving together with Eastern Stock
| 0.79 | STGT-R | SRI TRANG GLOVES | PairCorr |
Moving against Eastern Stock
| 0.99 | SCC-R | Siam Cement | PairCorr |
The ability to find closely correlated positions to Eastern Polymer 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 Polymer 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 Polymer - 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 Polymer Group to buy it.
The correlation of Eastern Polymer 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 Polymer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastern Polymer Group 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 Polymer 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 Polymer to cross-verify your projections. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Eastern Stock analysis
When running Eastern Polymer's price analysis, check to measure Eastern Polymer'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 Polymer is operating at the current time. Most of Eastern Polymer's value examination focuses on studying past and present price action to predict the probability of Eastern Polymer'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 Polymer's price. Additionally, you may evaluate how the addition of Eastern Polymer to your portfolios can decrease your overall portfolio volatility.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |