Thailand 10-Year Bond Yield

Thailand 10-Year Bond Yield closed up by 6.62% to 1.61 on 23 January 2021 and +-2.72% on a weekly basis. Thailand 10-Year Bond Yield momentum was last calculated at -100.0/100 indicating negative momentum. Thailand 10-Year Bond Yield trend is -100.0/100 indicating a negative trend. Thailand 10-Year Bond Yield momentum exhaustion is -1.11535 indicating Thailand 10-Year Bond Yield is oversold.Thailand 10-Year Bond Yield RSI is 29.1244 .

Thailand 10-Year Bond Yield Chart

Thailand 10-Year Bond Yield

Thailand 10-Year Bond Yield Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Thailand 10-Year Bond Yield. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the Thailand 10-Year Bond Yield trading signals presented in the Thailand 10-Year Bond Yield statistics table.

Security Symbol Last Momentum Trend Oscillator RSI 1D% 1W% 1M% 1Y%
Thailand 10-Year Bond Yield TH.10Y 1.61 -1 -1 -1.11535 29.1244 6.62 -2.72 -5.85 -0.25806

Thailand 10-Year Bond Yield closed at 1.61 on 23 January 2021. Thailand 10-Year Bond Yield trend was last calculated at -100.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. Thailand 10-Year Bond Yield momentum was last calculated at -100.0/100 (range: -100 to +100) indicating negative momentum. Thailand 10-Year Bond Yield momentum exhaustion is -1.11535 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Thailand 10-Year Bond Yield is oversold and a possible reversal is imminent. Thailand 10-Year Bond Yield RSI was last calculated at 29.1244. Thailand 10-Year Bond Yield moving averages were last recorded as follows: 1-month moving average: 1.22025 in a downtrend , 1-quarter moving average: 1.30592 in a downtrend and 1-year moving average: 1.2922 in a downtrend. Thailand 10-Year Bond Yield annual return was last recorded at None%, daily return was last recorded at 6.62%, and weekly return was last recorded at -2.72%. Thailand 10-Year Bond Yield histrorical 20-day volatility was last recorded at 26.9679%, Thailand 10-Year Bond Yield alpha None, Thailand 10-Year Bond Yield beta None and Thailand 10-Year Bond Yield maximum drawdown was recorded at None%. MacroVar models monitor Thailand 10-Year Bond Yield statistics based on historical data since 1970.

Thailand 10-Year Bond Yield News

Thailand 10-Year Bond Yield Factors

Thailand 10-Year Bond Yield

Factor Symbol Last Value Predicted Value R2 MacroVar Signal
Thailand PMI vs 10Y TH.FACT.10YPMI 1.36 49.3 0
Thailand 10Y vs FX TH.FACT.FX10Y

Thailand Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
SET Index SET 1540.88 0.5 0.5 0.76889 54.6977 -1.84 -3.22 -1.74 -0.07315
Thailand ETF THD 73.95 1 0.75 1.43327 64.3553 -2.2 -6.66 -6.57 -0.06391
Thailand baht US Dollar (THB/USD) THBUSD 32.82 -1 -1 -1.82016 42.3698 0.64 3.11 4.66 -0.01056
Thailand 5-Year Bond Yield TH.5Y 0.66 -1 -1 -1.85353 19.8502 6.45 0 -17.5 -0.61922
Thailand 2-year bond yield TH.2Y 0.5 -1 -1 -1.72014 13.3991 -18.03 -18.03 -3.85 -0.69547
Thailand 12-year bond yield TH.12Y 1.74 -1 -1 -1.45722 28.3984 2.96 -7.45 -6.45 -0.24765
Thailand Yield Curve TH.YC 1.11 0 0.5 0.82246 52.3337 23.33 6.73 -5.93 0.75
Thailand Credit Default Swaps CDS.Thailand 39 -1 -0.75 -0.64964 39.7603 1.96 2.63 -7.14 0.2637

Thailand Economic Indicators

Indicator Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade 795.95 180 3.42194 -0.703852 -1.0 -1.0 0.366667 2021-05-31
bank lending rate 6 6.25 -0.04 -0.142857 -1.0 -1.0 0.0166667 2020-05-31
banks balance sheet 22330300 22156500 0.0078442 0.0298101 1.0 1.0 0.4 2021-05-31
business confidence 46.2 43 0.0744186 0.2 1.0 1.0 0.966667 2021-06-30
capacity utilization 65.16 64.8 0.00555556 0.247951 1.0 1.0 1 2021-05-31
car registrations 28584 47028 -0.392192 0.171283 -1.0 1.0 0.833333 2021-06-30
central bank balance sheet 8959460 8936770 0.00253895 0.0403509 1.0 1.0 0.4 2021-05-31
consumer confidence 43.1 44.7 -0.0357942 -0.123984 -1.0 -1.0 0.3 2021-06-30
consumer price index cpi 98.88 99.79 -0.00911915 -0.0371957 -1.0 -1.0 0.0166667 2021-02-28
core inflation rate 0.52 0.49 0.0612245 -11.4 1.0 1.0 0.0166667 2021-06-30
current account -2624.04 -1297.63 1.02218 -4.02602 -1.0 -1.0 0.0333333 2021-05-31
current account to gdp 4.2 7 -0.4 13 -1.0 1.0 0 2020-01-31
deposit interest rate 0.62 1.4 -0.557143 -0.755906 -1.0 -1.0 0 2020-01-01
exports 23057.9 21429.3 0.0759987 0.415924 1.0 1.0 1 2021-05-31
external debt 186397 190010 -0.0190148 0.220411 1.0 1.0 0.55 2021-01-01
fiscal expenditure 153029 193699 -0.209965 0.0094128 -1.0 1.0 0.516667 2021-05-31
foreign direct investment -16240.5 -1422.08 10.4202 16.2709 -1.0 -1.0 1 2020-07-31
foreign exchange reserves 246529 251784 -0.0208711 -0.00311767 -1.0 -1.0 0.0833333 2021-06-30
gdp 501.79 544.26 -0.0780326 0.722115 1.0 1.0 0 2020-01-31
Real GDP 2567670 2447030 0.0493006 -0.00516852 -1.0 -1.0 0.0333333 2020-07-01
gdp growth 0.2 1.3 -0.846154 -0.9 1.0 -1.0 0.35 2021-01-01
gdp growth annual -2.6 -4.2 -0.380952 -1.52 -1.0 -1.0 0.2 2021-01-01
gold reserves 197.51 153.96 0.282866 0.282866 1.0 1.0 0.783333 2021-01-01
government budget -6.1 -1.8 2.38889 19.3333 -1.0 -1.0 0 2020-01-31
Government budget -17025 -51902 -0.671978 -0.880987 1.0 1.0 0.316667 2021-04-30
government debt to gdp 50.5 41.1 0.22871 0.325459 1.0 1.0 0 2018-03-28
government revenues 162774 176674 -0.078676 0.23238 -1.0 1.0 0.95 2021-05-31
housing index 152.4 152.2 0.00131406 0.00461437 1.0 1.0 0.166667 2021-05-31
housing starts 4332 10514 -0.587978 0.331285 -1.0 1.0 0.833333 2021-04-30
imports 22262 21246.8 0.0477813 0.480048 1.0 1.0 1 2021-05-31
industrial production 25.84 18.46 0.399783 -2.08571 1.0 1.0 0.25 2021-05-31
industrial production mom -0.1 1.7 -1.05882 -1.2 -1.0 -1.0 0.458333 2021-01-31
inflation cpi 1.25 2.44 -0.487705 -1.79618 1.0 1.0 0.283333 2021-06-30
interbank rate 0.62 0.62 0 0 1.0 -1.0 0.508333 2021-06-02
interest rate 0.5 0.75 -0.333333 -0.714286 -1.0 -1.0 0.0166667 2020-05-20
loans to private sector 4543910 4541470 0.000537271 0.0173199 1.0 1.0 0.116667 2021-05-31
manufacturing pmi 49.5 47.8 0.0355649 0.137931 1.0 1.0 0 2021-06-30
money supply m0 1867380 1863270 0.0022058 0.0741514 1.0 1.0 0.483333 2021-05-31
money supply m1 2657.8 2617 0.0155904 0.0811097 1.0 1.0 0.683333 2021-05-31
money supply m3 23278.8 23233.7 0.00194115 0.0350596 1.0 1.0 0.0666667 2021-05-31
Producer Price Index 102.1 101.6 0.00492126 0.0547521 1.0 1.0 0.983333 2021-06-30
retail sales 31.5 15.8 0.993671 -3.69231 1.0 1.0 0.116667 2021-04-30
total vehicle sales 55942 58132 -0.0376729 0.384086 -1.0 1.0 0.983333 2021-05-31
unemployment rate 1.5 2 -0.25 0.5 1.0 1.0 0.9 2020-12-31
youth unemployment rate 8 9.8 -0.183673 0.19403 1.0 1.0 0 2020-08-31

Thailand 10-Year Bond Yield Trading Signals


MacroVar estimates the following signals: Thailand 10-Year Bond Yield momentum, Thailand 10-Year Bond Yield trend, Thailand 10-Year Bond Yield oscillator, Thailand 10-Year Bond Yield RSI and Thailand 10-Year Bond Yield returns.

Thailand 10-Year Bond Yield Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVarThailand 10-Year Bond Yield momentum signal ranges from -100 to +100. The Thailand 10-Year Bond Yield momentum signal is derived as the mean value from 4 calculations for the Thailand 10-Year Bond Yield. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. Thailand 10-Year Bond Yield return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. Thailand 10-Year Bond Yield momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Thailand 10-Year Bond Yield momentum signal moves from positive to negative value or vice-versa.

Thailand 10-Year Bond Yield trend

Thailand 10-Year Bond Yield trend signal ranges from -100 to +100. Thailand 10-Year Bond Yield trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. Thailand 10-Year Bond Yield Closing price vs Thailand 10-Year Bond Yield moving average (MA) calculation: If Thailand 10-Year Bond Yield is greater than Thailand 10-Year Bond Yield MA value is +1, else -1, 2. Thailand 10-Year Bond Yield Moving average slope calculation: if current Thailand 10-Year Bond Yield moving average is higher than the previous MA, Thailand 10-Year Bond Yield upward slope +1, else -1
Thailand 10-Year Bond Yield trend model can be used as a trend strength indicator. Thailand 10-Year Bond Yield trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when Thailand 10-Year Bond Yield trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Thailand 10-Year Bond Yield 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Thailand 10-Year Bond Yield is in an uptrend when Thailand 10-Year Bond Yield price is higher than the 52-week moving average and the Thailand 10-Year Bond Yield 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the Thailand 10-Year Bond Yield oscillator and Thailand 10-Year Bond Yield RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Thailand 10-Year Bond Yield oscillator

The Thailand 10-Year Bond Yield oscillator estimated by MacroVar is the z-score of the current Thailand 10-Year Bond Yield price versus Thailand 10-Year Bond Yield 1-year simple moving average price. The formula for the Thailand 10-Year Bond Yield oscillator is:
Thailand 10-Year Bond Yield oscillator = (Current Price – 250 trading days Thailand 10-Year Bond Yield simple moving average price) / (250 days Thailand 10-Year Bond Yield price standard deviation)

Thailand 10-Year Bond Yield oversold conditions
Thailand 10-Year Bond Yield is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Thailand 10-Year Bond Yield is oversold it is often due for a rebound. Values of the Thailand 10-Year Bond Yield oscillator lower than -2.5 signify oversold conditions. It must be noted that the Thailand 10-Year Bond Yield oscillator must be analyzed ibn conjunction with the rest of Thailand 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the Thailand 10-Year Bond Yield RSI.
Thailand 10-Year Bond Yield overbought conditions
Thailand 10-Year Bond Yield is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Thailand 10-Year Bond Yield is overbought it is often due for a correction. Values of the Thailand 10-Year Bond Yield oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the Thailand 10-Year Bond Yield quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

Thailand 10-Year Bond Yield RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when Thailand 10-Year Bond Yield is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Thailand 10-Year Bond Yield uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

Thailand 10-Year Bond Yield returns

MacroVar calculates Thailand 10-Year Bond Yield returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Thailand 10-Year Bond Yield returns = (Thailand 10-Year Bond Yield Closing Price – Thailand 10-Year Bond Yield Previous Price)/(Thailand 10-Year Bond Yield Previous Price)
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