ZEN (Thailand) Technical Analysis
| ZEN Stock | 7.75 0.15 1.97% |
As of the 6th of May, ZEN maintains the Standard Deviation of 1.33, risk adjusted performance of (0.08), and Mean Deviation of 1.07. Compared to fundamental indicators, the technical analysis model lets you check practical technical drivers of ZEN Group, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for ZEN Group, which can be compared to its peers. Please check out ZEN Group coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if ZEN Group is priced favorably, providing market reflects its latest price of 7.75 per share.
ZEN Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ZEN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZENZEN |
ZEN 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.
ZEN Group Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 ZEN Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ZEN Group Trend Analysis
Use this graph to draw trend lines for ZEN Group. You can use it to identify possible trend reversals for ZEN 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 ZEN price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ZEN Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ZEN Group applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that ZEN Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.54, which is the sum of squared deviations for the predicted ZEN price change compared to its average price change.About ZEN 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 ZEN Group 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 ZEN Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ZEN Group price pattern first instead of the macroeconomic environment surrounding ZEN Group. By analyzing ZEN'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 ZEN'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 ZEN specific price patterns or momentum indicators. Please read more on our technical analysis page.
ZEN May 6, 2024 Technical Indicators
Most technical analysis of ZEN 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 ZEN from various momentum indicators to cycle indicators. When you analyze ZEN 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 | 8.91 | |||
| Mean Deviation | 1.07 | |||
| Coefficient Of Variation | (766.16) | |||
| Standard Deviation | 1.33 | |||
| Variance | 1.76 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | 8.9 | |||
| Maximum Drawdown | 5.32 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 1.97 | |||
| Skewness | (0.09) | |||
| Kurtosis | (0.47) |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZEN Group. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for ZEN Stock analysis
When running ZEN's price analysis, check to measure ZEN'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 ZEN is operating at the current time. Most of ZEN's value examination focuses on studying past and present price action to predict the probability of ZEN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZEN's price. Additionally, you may evaluate how the addition of ZEN to your portfolios can decrease your overall portfolio volatility.
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