Thailand 2-year bond yield

Thailand 2-year bond yield closed down by -18.03% to 0.5 on 23 January 2021 and +-18.03% on a weekly basis. Thailand 2-year bond yield momentum was last calculated at -100.0/100 indicating negative momentum. Thailand 2-year bond yield trend is -100.0/100 indicating a negative trend. Thailand 2-year bond yield momentum exhaustion is -1.72014 indicating Thailand 2-year bond yield is oversold.Thailand 2-year bond yield RSI is 13.3991 .

Thailand 2-year bond yield Chart

Thailand 2-year bond yield

Thailand 2-year bond yield Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Thailand 2-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 2-year bond yield trading signals presented in the Thailand 2-year bond yield statistics table.

SecuritySymbolLastMomentumTrendOscillatorRSI1D%1W%1M%1Y%
Thailand 2-year bond yieldTH.2Y0.5-1-1-1.7201413.3991-18.03-18.03-3.85-0.69547

Thailand 2-year bond yield closed at 0.5 on 23 January 2021. Thailand 2-year bond yield trend was last calculated at -100.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. Thailand 2-year bond yield momentum was last calculated at -100.0/100 (range: -100 to +100) indicating negative momentum. Thailand 2-year bond yield momentum exhaustion is -1.72014 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Thailand 2-year bond yield is oversold and a possible reversal is imminent. Thailand 2-year bond yield RSI was last calculated at 13.3991. Thailand 2-year bond yield moving averages were last recorded as follows: 1-month moving average: 0.512 in a downtrend , 1-quarter moving average: 0.63833 in a downtrend and 1-year moving average: 0.70957 in a downtrend. Thailand 2-year bond yield annual return was last recorded at None%, daily return was last recorded at -18.03%, and weekly return was last recorded at -18.03%. Thailand 2-year bond yield histrorical 20-day volatility was last recorded at 72.3824%, Thailand 2-year bond yield alpha None, Thailand 2-year bond yield beta None and Thailand 2-year bond yield maximum drawdown was recorded at None%. MacroVar models monitor Thailand 2-year bond yield statistics based on historical data since 1970.

Thailand 2-year bond yield News

Thailand 2-year bond yield Factors

Thailand 2-year bond yield

FactorSymbolLast ValuePredicted ValueR2MacroVar Signal
Thailand 2Y vs FXTH.FACT.FX2Y

Thailand Markets

MarketSymbolLastMomTrendExhRSI1D%1W%1M%1Y%
SET IndexSET1540.880.50.50.7688954.6977-1.84-3.22-1.74-0.07315
Thailand ETFTHD73.9510.751.4332764.3553-2.2-6.66-6.57-0.06391
Thailand baht US Dollar (THB/USD)THBUSD 32.82-1-1-1.8201642.36980.643.114.66-0.01056
Thailand 5-Year Bond YieldTH.5Y0.66-1-1-1.8535319.85026.450-17.5-0.61922
Thailand 2-year bond yieldTH.2Y0.5-1-1-1.7201413.3991-18.03-18.03-3.85-0.69547
Thailand 12-year bond yieldTH.12Y1.74-1-1-1.4572228.39842.96-7.45-6.45-0.24765
Thailand Yield CurveTH.YC1.1100.50.8224652.333723.336.73-5.930.75
Thailand Credit Default SwapsCDS.Thailand39-1-0.75-0.6496439.76031.962.63-7.140.2637

Thailand Economic Indicators

IndicatorActualPreviousM/M%Y/Y%TrendSlopeZS5YUpdate
balance of trade795.951803.42194-0.703852-1.0-1.00.3666672021-05-31
bank lending rate66.25-0.04-0.142857-1.0-1.00.01666672020-05-31
banks balance sheet22330300221565000.00784420.02981011.01.00.42021-05-31
business confidence46.2430.07441860.21.01.00.9666672021-06-30
capacity utilization65.1664.80.005555560.2479511.01.012021-05-31
car registrations2858447028-0.3921920.171283-1.01.00.8333332021-06-30
central bank balance sheet895946089367700.002538950.04035091.01.00.42021-05-31
consumer confidence43.144.7-0.0357942-0.123984-1.0-1.00.32021-06-30
consumer price index cpi98.8899.79-0.00911915-0.0371957-1.0-1.00.01666672021-02-28
core inflation rate0.520.490.0612245-11.41.01.00.01666672021-06-30
current account-2624.04-1297.631.02218-4.02602-1.0-1.00.03333332021-05-31
current account to gdp4.27-0.413-1.01.002020-01-31
deposit interest rate0.621.4-0.557143-0.755906-1.0-1.002020-01-01
exports23057.921429.30.07599870.4159241.01.012021-05-31
external debt186397190010-0.01901480.2204111.01.00.552021-01-01
fiscal expenditure153029193699-0.2099650.0094128-1.01.00.5166672021-05-31
foreign direct investment-16240.5-1422.0810.420216.2709-1.0-1.012020-07-31
foreign exchange reserves246529251784-0.0208711-0.00311767-1.0-1.00.08333332021-06-30
gdp501.79544.26-0.07803260.7221151.01.002020-01-31
Real GDP256767024470300.0493006-0.00516852-1.0-1.00.03333332020-07-01
gdp growth0.21.3-0.846154-0.91.0-1.00.352021-01-01
gdp growth annual-2.6-4.2-0.380952-1.52-1.0-1.00.22021-01-01
gold reserves197.51153.960.2828660.2828661.01.00.7833332021-01-01
government budget-6.1-1.82.3888919.3333-1.0-1.002020-01-31
Government budget-17025-51902-0.671978-0.8809871.01.00.3166672021-04-30
government debt to gdp50.541.10.228710.3254591.01.002018-03-28
government revenues162774176674-0.0786760.23238-1.01.00.952021-05-31
housing index152.4152.20.001314060.004614371.01.00.1666672021-05-31
housing starts433210514-0.5879780.331285-1.01.00.8333332021-04-30
imports2226221246.80.04778130.4800481.01.012021-05-31
industrial production25.8418.460.399783-2.085711.01.00.252021-05-31
industrial production mom-0.11.7-1.05882-1.2-1.0-1.00.4583332021-01-31
inflation cpi1.252.44-0.487705-1.796181.01.00.2833332021-06-30
interbank rate0.620.62001.0-1.00.5083332021-06-02
interest rate0.50.75-0.333333-0.714286-1.0-1.00.01666672020-05-20
loans to private sector454391045414700.0005372710.01731991.01.00.1166672021-05-31
manufacturing pmi49.547.80.03556490.1379311.01.002021-06-30
money supply m0186738018632700.00220580.07415141.01.00.4833332021-05-31
money supply m12657.826170.01559040.08110971.01.00.6833332021-05-31
money supply m323278.823233.70.001941150.03505961.01.00.06666672021-05-31
Producer Price Index102.1101.60.004921260.05475211.01.00.9833332021-06-30
retail sales31.515.80.993671-3.692311.01.00.1166672021-04-30
total vehicle sales5594258132-0.03767290.384086-1.01.00.9833332021-05-31
unemployment rate1.52-0.250.51.01.00.92020-12-31
youth unemployment rate89.8-0.1836730.194031.01.002020-08-31

Thailand 2-year bond yield Trading Signals


MacroVar estimates the following signals: Thailand 2-year bond yield momentum, Thailand 2-year bond yield trend, Thailand 2-year bond yield oscillator, Thailand 2-year bond yield RSI and Thailand 2-year bond yield returns.

Thailand 2-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 2-year bond yield momentum signal ranges from -100 to +100. The Thailand 2-year bond yield momentum signal is derived as the mean value from 4 calculations for the Thailand 2-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 2-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 2-year bond yield momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when Thailand 2-year bond yield momentum signal moves from positive to negative value or vice-versa.

Thailand 2-year bond yield trend

Thailand 2-year bond yield trend signal ranges from -100 to +100. Thailand 2-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 2-year bond yield Closing price vs Thailand 2-year bond yield moving average (MA) calculation: If Thailand 2-year bond yield is greater than Thailand 2-year bond yield MA value is +1, else -1, 2. Thailand 2-year bond yield Moving average slope calculation: if current Thailand 2-year bond yield moving average is higher than the previous MA, Thailand 2-year bond yield upward slope +1, else -1
Thailand 2-year bond yield trend model can be used as a trend strength indicator. Thailand 2-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 2-year bond yield trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The Thailand 2-year bond yield 52-week simple moving average and its slope are the most important indicators defining a market’s trend. Thailand 2-year bond yield is in an uptrend when Thailand 2-year bond yield price is higher than the 52-week moving average and the Thailand 2-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 2-year bond yield oscillator and Thailand 2-year bond yield RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

Thailand 2-year bond yield oscillator

The Thailand 2-year bond yield oscillator estimated by MacroVar is the z-score of the current Thailand 2-year bond yield price versus Thailand 2-year bond yield 1-year simple moving average price. The formula for the Thailand 2-year bond yield oscillator is:
Thailand 2-year bond yield oscillator = (Current Price – 250 trading days Thailand 2-year bond yield simple moving average price) / (250 days Thailand 2-year bond yield price standard deviation)

Thailand 2-year bond yield oversold conditions
Thailand 2-year bond yield is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the Thailand 2-year bond yield is oversold it is often due for a rebound. Values of the Thailand 2-year bond yield oscillator lower than -2.5 signify oversold conditions. It must be noted that the Thailand 2-year bond yield oscillator must be analyzed ibn conjunction with the rest of Thailand 2-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 2-year bond yield RSI.
Thailand 2-year bond yield overbought conditions
Thailand 2-year bond yield is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the Thailand 2-year bond yield is overbought it is often due for a correction. Values of the Thailand 2-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 2-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 2-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 2-year bond yield is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During Thailand 2-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 2-year bond yield returns

MacroVar calculates Thailand 2-year bond yield returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

Thailand 2-year bond yield returns = (Thailand 2-year bond yield Closing Price – Thailand 2-year bond yield Previous Price)/(Thailand 2-year bond yield Previous Price)
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