Pato Chemical (Thailand) Technical Analysis

PATO Stock  THB 9.00  0.05  0.55%   
As of the 23rd of April, Pato Chemical holds the Coefficient Of Variation of (11,314), risk adjusted performance of (0.000097), and Variance of 1.7. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pato Chemical, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Pato Chemical Industry, which can be compared to its competitors. Please check Pato Chemical Industry mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Pato Chemical Industry is priced some-what accurately, providing market reflects its current price of 9.0 per share.

Pato Chemical Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Pato, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Pato
  
Pato Chemical's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Pato Chemical 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.
A focus of Pato Chemical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pato Chemical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Pato Chemical Industry Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Pato Chemical Industry volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Pato Chemical Industry Trend Analysis

Use this graph to draw trend lines for Pato Chemical Industry. You can use it to identify possible trend reversals for Pato Chemical 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 Pato Chemical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Pato Chemical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pato Chemical Industry applied against its price change over selected period. The best fit line has a slop of   0.0004  , which may suggest that Pato Chemical Industry 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 Pato Chemical price change compared to its average price change.

About Pato Chemical 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 Pato Chemical Industry 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 Pato Chemical Industry based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pato Chemical Industry price pattern first instead of the macroeconomic environment surrounding Pato Chemical Industry. By analyzing Pato Chemical'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 Pato Chemical'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 Pato Chemical specific price patterns or momentum indicators. Please read more on our technical analysis page.

Pato Chemical April 23, 2024 Technical Indicators

Most technical analysis of Pato 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 Pato from various momentum indicators to cycle indicators. When you analyze Pato 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.

Pato Chemical April 23, 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 Pato 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pato Chemical Industry. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Pato Stock analysis

When running Pato Chemical's price analysis, check to measure Pato Chemical'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 Pato Chemical is operating at the current time. Most of Pato Chemical's value examination focuses on studying past and present price action to predict the probability of Pato Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pato Chemical's price. Additionally, you may evaluate how the addition of Pato Chemical to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Pato Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pato Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pato Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.