PTT Global (Thailand) Technical Analysis
| PTTGC Stock | THB 37.50 0.75 1.96% |
As of the 25th of April, PTT Global holds the Semi Deviation of 1.38, risk adjusted performance of 0.0583, and Market Risk Adjusted Performance of 6.89. In connection with fundamental indicators, the technical analysis model allows you to check available technical drivers of PTT Global, 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 break down nineteen technical drivers for PTT Global Chemical, which can be compared to its competitors. Please check PTT Global Chemical jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if PTT Global Chemical is priced favorably, providing market reflects its current price of 37.5 per share.
PTT Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PTT, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PTTPTT |
PTT Global 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.
PTT Global Chemical Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 PTT Global Chemical volatility. High ATR values indicate high volatility, and low values indicate low volatility.
PTT Global Chemical Trend Analysis
Use this graph to draw trend lines for PTT Global Chemical. You can use it to identify possible trend reversals for PTT Global 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 PTT Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.PTT Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for PTT Global Chemical applied against its price change over selected period. The best fit line has a slop of 0.12 , which means PTT Global Chemical will continue generating value for investors. It has 122 observation points and a regression sum of squares at 502.66, which is the sum of squared deviations for the predicted PTT Global price change compared to its average price change.About PTT Global 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 PTT Global Chemical 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 PTT Global Chemical based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on PTT Global Chemical price pattern first instead of the macroeconomic environment surrounding PTT Global Chemical. By analyzing PTT Global'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 PTT Global'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 PTT Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
PTT Global April 25, 2024 Technical Indicators
Most technical analysis of PTT 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 PTT from various momentum indicators to cycle indicators. When you analyze PTT 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 | 0.0583 | |||
| Market Risk Adjusted Performance | 6.89 | |||
| Mean Deviation | 1.27 | |||
| Semi Deviation | 1.38 | |||
| Downside Deviation | 1.88 | |||
| Coefficient Of Variation | 1203.73 | |||
| Standard Deviation | 1.78 | |||
| Variance | 3.16 | |||
| Information Ratio | 0.0294 | |||
| Jensen Alpha | 0.1359 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0278 | |||
| Treynor Ratio | 6.88 | |||
| Maximum Drawdown | 11.5 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 3.27 | |||
| Downside Variance | 3.54 | |||
| Semi Variance | 1.91 | |||
| Expected Short fall | (2.06) | |||
| Skewness | (0.33) | |||
| Kurtosis | 2.88 |
PTT Global April 25, 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 PTT 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 | 715,140 | ||
| Daily Balance Of Power | (0.50) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 38.00 | ||
| Day Typical Price | 37.83 | ||
| Price Action Indicator | (0.87) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTT Global Chemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the PTT Global Chemical information on this page should be used as a complementary analysis to other PTT Global'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for PTT Stock analysis
When running PTT Global's price analysis, check to measure PTT Global'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 PTT Global is operating at the current time. Most of PTT Global's value examination focuses on studying past and present price action to predict the probability of PTT Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PTT Global's price. Additionally, you may evaluate how the addition of PTT Global to your portfolios can decrease your overall portfolio volatility.
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