Asia Biomass (Thailand) Technical Analysis
| ABM Stock | THB 1.32 0.02 1.49% |
As of the 23rd of April, Asia Biomass shows the Risk Adjusted Performance of (0.06), mean deviation of 1.6, and Standard Deviation of 2.42. Asia Biomass 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 have collected data for thirteen technical drivers for Asia Biomass Public, which can be compared to its peers. Please confirm Asia Biomass Public standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Asia Biomass Public is priced correctly, providing market reflects its regular price of 1.32 per share.
Asia Biomass Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Asia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AsiaAsia |
Asia Biomass 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.
Asia Biomass Public Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Asia Biomass Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Asia Biomass Public Trend Analysis
Use this graph to draw trend lines for Asia Biomass Public. You can use it to identify possible trend reversals for Asia Biomass 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 Asia Biomass price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Asia Biomass Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Asia Biomass Public applied against its price change over selected period. The best fit line has a slop of 0.0027 , which may suggest that Asia Biomass Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.27, which is the sum of squared deviations for the predicted Asia Biomass price change compared to its average price change.About Asia Biomass 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 Asia Biomass 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 Asia Biomass Public based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Asia Biomass Public price pattern first instead of the macroeconomic environment surrounding Asia Biomass Public. By analyzing Asia Biomass'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 Asia Biomass'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 Asia Biomass specific price patterns or momentum indicators. Please read more on our technical analysis page.
Asia Biomass April 23, 2024 Technical Indicators
Most technical analysis of Asia 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 Asia from various momentum indicators to cycle indicators. When you analyze Asia 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 | 0.362 | |||
| Mean Deviation | 1.6 | |||
| Coefficient Of Variation | (920.42) | |||
| Standard Deviation | 2.42 | |||
| Variance | 5.85 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.352 | |||
| Maximum Drawdown | 14.37 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 3.47 | |||
| Skewness | 1.23 | |||
| Kurtosis | 6.15 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asia Biomass 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 board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Asia Stock analysis
When running Asia Biomass' price analysis, check to measure Asia Biomass' 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 Asia Biomass is operating at the current time. Most of Asia Biomass' value examination focuses on studying past and present price action to predict the probability of Asia Biomass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Biomass' price. Additionally, you may evaluate how the addition of Asia Biomass to your portfolios can decrease your overall portfolio volatility.
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