Eastern Commercial (Thailand) Technical Analysis
ECL Stock | THB 1.46 0.03 2.01% |
As of the 28th of March, Eastern Commercial shows the Downside Deviation of 2.01, mean deviation of 1.55, and Coefficient Of Variation of 15742.3. Eastern Commercial technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 break down and interpolate nineteen technical drivers for Eastern Commercial Leasing, which can be compared to its rivals. Please confirm Eastern Commercial information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Eastern Commercial is priced favorably, providing market reflects its regular price of 1.46 per share.
Eastern Commercial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Eastern, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EasternEastern |
Eastern Commercial 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.
Eastern Commercial Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Eastern Commercial volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Eastern Commercial Trend Analysis
Use this graph to draw trend lines for Eastern Commercial Leasing. You can use it to identify possible trend reversals for Eastern Commercial 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 Eastern Commercial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Eastern Commercial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Eastern Commercial Leasing applied against its price change over selected period. The best fit line has a slop of 0.0001 , which means Eastern Commercial Leasing will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Eastern Commercial price change compared to its average price change.About Eastern Commercial 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 Eastern Commercial Leasing 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 Eastern Commercial Leasing based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Eastern Commercial price pattern first instead of the macroeconomic environment surrounding Eastern Commercial. By analyzing Eastern Commercial'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 Eastern Commercial'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 Eastern Commercial specific price patterns or momentum indicators. Please read more on our technical analysis page.
Eastern Commercial March 28, 2024 Technical Indicators
Most technical analysis of Eastern 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 Eastern from various momentum indicators to cycle indicators. When you analyze Eastern 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 | 0.0111 | |||
Market Risk Adjusted Performance | (0.01) | |||
Mean Deviation | 1.55 | |||
Semi Deviation | 1.64 | |||
Downside Deviation | 2.01 | |||
Coefficient Of Variation | 15742.3 | |||
Standard Deviation | 2.26 | |||
Variance | 5.11 | |||
Information Ratio | (0.05) | |||
Jensen Alpha | 0.0319 | |||
Total Risk Alpha | (0.50) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | (0.02) | |||
Maximum Drawdown | 13.13 | |||
Value At Risk | (2.74) | |||
Potential Upside | 3.65 | |||
Downside Variance | 4.05 | |||
Semi Variance | 2.68 | |||
Expected Short fall | (2.23) | |||
Skewness | 1.32 | |||
Kurtosis | 3.22 |
Eastern Commercial March 28, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Eastern stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 548,157 | ||
Daily Balance Of Power | (0.75) | ||
Rate Of Daily Change | 0.98 | ||
Day Median Price | 1.46 | ||
Day Typical Price | 1.46 | ||
Price Action Indicator | (0.02) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Commercial Leasing. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.
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