Somboon Advance (Thailand) Overlap Studies Double Exponential Moving Average

SAT Stock  THB 10.90  0.10  0.93%   
Somboon Advance overlap studies tool provides the execution environment for running the Double Exponential Moving Average study and other technical functions against Somboon Advance. Somboon Advance value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Double Exponential Moving Average study function is designed to identify and follow existing trends. Somboon Advance overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

The output start index for this execution was twenty-six with a total number of output elements of thirty-five. The Double Exponential Moving Average indicator was developed by Patrick Mulloy. It consists of a single exponential moving average and a double exponential moving average. This indicator is more responsive to Somboon Advance Tech changes than the simple moving average.

Somboon Advance Technical Analysis Modules

Most technical analysis of Somboon Advance 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 Somboon from various momentum indicators to cycle indicators. When you analyze Somboon charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Somboon Advance Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Somboon Advance Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Somboon Advance Technology based on widely used predictive technical indicators. In general, we focus on analyzing Somboon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Somboon Advance's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Somboon Advance's intrinsic value. In addition to deriving basic predictive indicators for Somboon Advance, we also check how macroeconomic factors affect Somboon Advance price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
9.5510.9012.25
Details
Intrinsic
Valuation
LowRealHigh
8.6810.0311.38
Details
Naive
Forecast
LowNextHigh
9.6110.9612.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.9311.0511.17
Details

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Somboon Advance Tech pair trading

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 Somboon Advance 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 Somboon Advance will appreciate offsetting losses from the drop in the long position's value.

Somboon Advance Pair Trading

Somboon Advance Technology Pair Trading Analysis

The ability to find closely correlated positions to Somboon Advance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Somboon Advance 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 Somboon Advance - 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 Somboon Advance Technology to buy it.
The correlation of Somboon Advance 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 Somboon Advance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Somboon Advance Tech 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 Somboon Advance 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Somboon Stock

Somboon Advance financial ratios help investors to determine whether Somboon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Somboon with respect to the benefits of owning Somboon Advance security.