Vanachai Group (Thailand) Technical Analysis
| VNG Stock | THB 3.44 0.06 1.71% |
As of the 20th of April, Vanachai Group has the Risk Adjusted Performance of (0.08), coefficient of variation of (772.37), and Variance of 0.7835. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Vanachai Group Public, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Vanachai Group Public, which can be compared to its competition. Please validate Vanachai Group Public mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Vanachai Group is priced more or less accurately, providing market reflects its prevalent price of 3.44 per share.
Vanachai Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Vanachai, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VanachaiVanachai |
Vanachai Group 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.
Vanachai Group Public Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Vanachai Group Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Vanachai Group Public Trend Analysis
Use this graph to draw trend lines for Vanachai Group Public. You can use it to identify possible trend reversals for Vanachai Group 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 Vanachai Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Vanachai Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Vanachai Group Public applied against its price change over selected period. The best fit line has a slop of 0.0006 , which may suggest that Vanachai Group Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Vanachai Group price change compared to its average price change.About Vanachai Group 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 Vanachai Group 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 Vanachai Group Public based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Vanachai Group Public price pattern first instead of the macroeconomic environment surrounding Vanachai Group Public. By analyzing Vanachai Group'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 Vanachai Group'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 Vanachai Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Vanachai Group April 20, 2024 Technical Indicators
Most technical analysis of Vanachai 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 Vanachai from various momentum indicators to cycle indicators. When you analyze Vanachai 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 | (0.08) | |||
| Market Risk Adjusted Performance | (3.08) | |||
| Mean Deviation | 0.5813 | |||
| Coefficient Of Variation | (772.37) | |||
| Standard Deviation | 0.8852 | |||
| Variance | 0.7835 | |||
| Information Ratio | (0.23) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (3.09) | |||
| Maximum Drawdown | 5.52 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 1.12 | |||
| Skewness | (1.20) | |||
| Kurtosis | 4.43 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanachai Group 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. Note that the Vanachai Group Public information on this page should be used as a complementary analysis to other Vanachai Group'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Vanachai Stock analysis
When running Vanachai Group's price analysis, check to measure Vanachai Group'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 Vanachai Group is operating at the current time. Most of Vanachai Group's value examination focuses on studying past and present price action to predict the probability of Vanachai Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vanachai Group's price. Additionally, you may evaluate how the addition of Vanachai Group to your portfolios can decrease your overall portfolio volatility.
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