Tipco Asphalt (Thailand) Statistic Functions Beta

TASCO Stock  THB 19.10  0.10  0.52%   
Tipco Asphalt statistic functions tool provides the execution environment for running the Beta function and other technical functions against Tipco Asphalt. Tipco Asphalt 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 statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Tipco Asphalt statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Tipco Asphalt Public correlated with the market. If Beta is less than 0 Tipco Asphalt generally moves in the opposite direction as compared to the market. If Tipco Asphalt Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tipco Asphalt Public is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tipco Asphalt is generally in the same direction as the market. If Beta > 1 Tipco Asphalt moves generally in the same direction as, but more than the movement of the benchmark.

Tipco Asphalt Technical Analysis Modules

Most technical analysis of Tipco Asphalt 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 Tipco from various momentum indicators to cycle indicators. When you analyze Tipco 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 Tipco Asphalt 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 Tipco Asphalt Public. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tipco Asphalt Public based on widely used predictive technical indicators. In general, we focus on analyzing Tipco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tipco Asphalt's daily price indicators and compare them against related drivers, such as statistic functions 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 Tipco Asphalt's intrinsic value. In addition to deriving basic predictive indicators for Tipco Asphalt, we also check how macroeconomic factors affect Tipco Asphalt price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
17.6319.1020.57
Details
Intrinsic
Valuation
LowRealHigh
14.3015.7721.01
Details
Naive
Forecast
LowNextHigh
18.0219.4820.95
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
17.7018.5019.30
Details

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Other Information on Investing in Tipco Stock

Tipco Asphalt financial ratios help investors to determine whether Tipco 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 Tipco with respect to the benefits of owning Tipco Asphalt security.