Ocean Competitors

Stocks . Thailand . 
Stock . Ocean Glass Public
OGC Stock  THB 19.00  0.60  3.06%   
Ocean Glass Public competes with TRC Construction, Bangkok Expressway, Lohakit Metal, Gunkul Engineering, and AJ Plast; as well as few others. The company operates under Household Durables sector and is part of Consumer Discretionary industry. Analyzing Ocean Glass competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Ocean Glass to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Ocean Glass Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Ocean Glass competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
0.9519.001,919
Details
Intrinsic
Valuation
LowRealHigh
0.8516.951,917
Details
Naive
Forecast
LowNextHigh
0.3718.39145.25
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.5119.6920.87
Details

Ocean Glass Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ocean Glass and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Ocean and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Ocean Glass Public does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
GUNKUL
+ 0.89
BEM
WHA
+ 0.76
KKP
GUNKUL
+ 0.63
LHK
GUNKUL
+ 0.57
TRC
BEM
+ 0.53
TRC
LHK
+ 0.5
TRC
  
High negative correlations   
RS-R
- 0.18
KKP
RS-R
- 0.12
LHK
WHA
- 0.1
RS-R
WHA
- 0.09
BEM
WHA
- 0.03
GUNKUL
RS-R
- 0.03
GUNKUL

Risk-Adjusted Indicators

There is a big difference between Ocean Stock performing well and Ocean Glass Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Ocean Glass' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Ocean Glass Competitive Analysis

The better you understand Ocean Glass competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ocean Glass' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Ocean Glass' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
OGC TRC BEM LHK GUNKUL AJ KKP RS-R AKR WHA
 3.06 
 19.00 
Ocean
 4.52 
 1.48 
TRC
 1.35 
 7.30 
Bangkok
 0.53 
 3.76 
Lohakit
 1.74 
 2.34 
Gunkul
 0.41 
 4.80 
AJ Plast
 0.99 
 50.00 
Kiatnakin
 0.87 
 5.70 
RS-R
 1.08 
 0.92 
Ekarat
 1.79 
 5.70 
WHA
Market Volatility
(90 Days Market Risk)
Out of control
Abnormally volatile
Not too volatile
Not too volatile
Unstable
Out of control
Very steady
Out of control
Out of control
Somewhat reliable
Market Performance
(90 Days Performance)
OK
Insignificant
Very Weak
OK
Weak
OK
OK
Good
OK
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Below Average
Low
Low
Low
Low
Low
Low
Below Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Cautious Hold
Strong Hold
Strong Sell
Cautious Hold
Strong Hold
Strong Hold
Cautious Hold
Strong Sell
Current Ratio
1.16
1.01
0.31
2.69
0.97
N/A
N/A
N/A
2.83
2.13
Net Asset
3.36 B
4.1 B
115.09 B
2.32 B
42.49 B
10.37 B
436.12 B
5.8 B
2.08 B
82.77 B
Profit Margin
0.0118
-0.0264
0.17
0.062
0.47
0.0417
0.37
0.0249
0.0695
0.27
EBITDA
206.04 M
58.15 M
2.28 B
368.96 M
4.92 B
795.31 M
N/A
762.92 M
200.74 M
5.28 B
Operating Margin
0.0997
5.0E-4
0.32
0.097
0.33
0.0411
0.52
0.0234
0.1
0.31
Current Valuation
1.4 B
3.65 B
215.21 B
1.92 B
61.4 B
10.6 B
89.82 B
19.06 B
1.63 B
95.25 B
Price To Book
0.29
8.91
3.89
1.34
3.31
1.16
1.12
7.76
0.97
1.89
Retained Earnings
786 M
905 M
8.76 B
466 M
2.49 B
N/A
20.3 B
N/A
167 M
3.88 B
Current Asset
1.39 B
3.09 B
4.3 B
1.77 B
6.95 B
N/A
28.23 B
N/A
915 M
25.89 B
Five Year Return
4.09
0.49
N/A
7.94
2.15
N/A
6.81
N/A
3.31
N/A
Beta
0.25
1.59
0.36
0.38
0.53
0.9
0.68
1.06
0.61
0.6
Number Of Employees
22
21
52
18
49
9
47
10
30
31
Shares Outstanding
21.33 M
9.59 B
15.29 B
383 M
8.88 B
440 M
846.75 M
972.5 M
1.47 B
14.95 B
Cash Flow From Operations
262 M
30.14 M
2.87 B
136.93 M
5.01 B
787.33 M
(57 B)
799.42 M
(186.57 M)
2.67 B
Annual Yield
0.0243
N/A
0.0083
0.0763
0.0284
0.0613
0.0585
0.0194
0.0464
0.0364
Total Debt
232.8 M
752.87 M
62.67 B
92.25 M
18.63 B
1.01 B
58.58 B
952.2 M
38.09 M
22.99 B
Return On Equity
0.0126
-0.28
0.0589
0.14
0.24
0.0848
0.16
0.0373
0.0953
0.11
Z Score
1.2
6.0
1.2
13.0
1.2
3.0
N/A
9.6
22.2
1.2
Return On Asset
0.0352
3.0E-4
0.0226
0.081
0.0387
0.0224
0.0175
0.0073
0.0515
0.028
Book Value Per Share
84.72
0.031
2.47
3.63
1.65
10.71
63.26
2.08
0.9
2.02
Current Liabilities
621 M
2.18 B
26.74 B
746 M
6.28 B
N/A
114.65 B
N/A
600 M
28.96 B
Total Asset
3.36 B
4.1 B
115.09 B
2.32 B
42.49 B
10.37 B
436.12 B
5.8 B
2.08 B
82.77 B
Debt To Equity
0.59
114.9
174.9
5.5
2.04
N/A
N/A
N/A
0.14
117.3
Target Price
N/A
1.08
10.92
N/A
5.7
16.0
85.73
N/A
N/A
4.42
Last Dividend Paid
N/A
N/A
0.08
0.64
0.18
0.63
4.7
0.35
0.045
0.14
Shares Owned By Institutions
N/A
N/A
6.7
N/A
2.74
1.84
4.42
1.32
N/A
10.78
Market Capitalization
533.27 M
8.05 B
146.74 B
1.91 B
37.48 B
5.24 B
57.16 B
16.14 B
1.43 B
57.69 B
Price To Earning
28.71
20.87
29.17
10.19
13.6
N/A
10.89
N/A
10.95
26.78
Price To Earnings To Growth
N/A
N/A
2.66
N/A
0.45
N/A
1.22
N/A
N/A
2.35
Price To Sales
0.28
0.78
11.16
0.65
6.43
0.53
2.73
4.63
0.73
4.83
Net Income
3.02 M
(57.39 M)
1.01 B
211.69 M
2.23 B
428.62 M
6.32 B
127.35 M
89.89 M
2.59 B
Earnings Per Share
1.06
N/A
0.15
0.27
0.37
0.95
9.68
0.09
0.08
0.22
Shares Owned By Insiders
72.41
38.12
53.97
73.53
56.79
50.89
23.87
0.2
42.15
44.25
Revenue
1.55 B
3.85 B
10.73 B
2.76 B
8.35 B
9.33 B
22.72 B
3.57 B
1.41 B
10.42 B
Working Capital
772 M
909 M
(22.44 B)
1.02 B
668 M
N/A
N/A
N/A
315 M
(3.08 B)
Cash And Equivalents
97.19 M
322.35 M
1.92 B
318.7 M
3.27 B
N/A
5.49 B
N/A
257.55 M
2.44 B
Cash Per Share
4.56
0.05
0.12
0.83
0.37
N/A
6.49
N/A
0.17
0.17
Gross Profit
558.2 M
243.62 M
3.74 B
483.94 M
2.33 B
1.17 B
19.17 B
1.77 B
345.62 M
5.08 B
Day Typical Price
19.0
1.49
7.33
3.76
2.32
4.79
50.17
5.7
0.92
5.67
Accumulation Distribution
N/A
16613.68
311755.0
4256.63
172000.0
203.35
33642.01
N/A
0.0319
480875.0
Market Facilitation Index
N/A
N/A
N/A
N/A
N/A
0.0
0.0
N/A
0.03
N/A
Daily Balance Of Power
(9,223,372,036,855)
(1.17)
(1.00)
0.25
0.6667
(0.50)
(0.50)
(9,223,372,036,855)
(0.33)
1.0
Period Momentum Indicator
(0.60)
(0.07)
(0.10)
0.02
0.04
(0.02)
(0.50)
(0.05)
(0.01)
0.1
Rate Of Daily Change
0.97
0.95
0.99
1.01
1.02
1.0
0.99
0.99
0.99
1.02
Day Median Price
19.0
1.49
7.35
3.76
2.31
4.78
50.25
5.7
0.93
5.65
Price Action Indicator
(0.30)
(0.04)
(0.10)
0.01
0.05
0.01
(0.50)
(0.03)
(0.01)
0.1
Relative Strength Index
8.32
38.18
31.78
34.76
32.15
35.92
44.24
53.08
70.91
40.17
Coefficient Of Variation
(817.34)
3554.63
(985.11)
927.47
8270.37
(874.57)
1030.62
(908.76)
4797.06
1854.71
Mean Deviation
0.8215
5.01
0.8014
0.5506
1.91
1.0
1.34
2.1
0.6141
1.36
Jensen Alpha
(0.14)
0.4409
(0.10)
0.0565
(0.01)
(0.17)
0.1501
(0.81)
0.0294
0.1244
Total Risk Alpha
(0.46)
(1.12)
(0.29)
(0.06)
(0.39)
(0.42)
(0.14)
(1.96)
(0.16)
(0.23)
Sortino Ratio
N/A
0.0098
N/A
(0.04)
(0.04)
N/A
0.0248
N/A
(0.08)
(0.01)
Downside Variance
N/A
80.54
N/A
1.26
6.27
N/A
2.32
N/A
1.92
5.06
Standard Deviation
1.55
8.0
1.03
0.8401
2.47
1.46
1.81
7.05
1.06
1.98
Kurtosis
6.82
3.19
0.0163
3.06
0.2009
1.55
2.39
38.91
3.78
2.34
Potential Upside
2.2
16.33
1.27
1.55
4.0
2.0
3.88
N/A
2.17
3.62
Treynor Ratio
0.4491
(0.12)
0.9934
0.4275
0.0999
3.19
1.38
(4.79)
(0.09)
(0.45)
Maximum Drawdown
11.04
38.65
4.45
5.3
11.36
8.31
10.37
50.0
6.41
11.98
Variance
2.39
64.07
1.06
0.7057
6.1
2.13
3.26
49.75
1.11
3.93
Market Risk Adjusted Performance
0.4591
(0.11)
1.0
0.4375
0.1099
3.2
1.39
(4.78)
(0.08)
(0.44)
Risk Adjusted Performance
(0.09)
0.0306
(0.08)
0.0833
0.0161
(0.08)
0.0799
(0.08)
0.0187
0.0474
Skewness
0.9242
0.8971
(0.29)
0.5233
0.3692
0.0346
1.03
(5.26)
1.11
0.0123
Semi Deviation
N/A
5.83
N/A
0.5549
2.11
N/A
1.24
N/A
0.6967
1.56
Information Ratio
(0.21)
0.0109
(0.23)
(0.06)
(0.04)
(0.21)
0.0209
(0.13)
(0.11)
(0.02)
Value At Risk
(2.38)
(14.89)
(1.97)
(1.55)
(4.17)
(2.70)
(2.01)
(1.54)
(1.10)
(2.64)
Expected Short fall
N/A
(9.42)
N/A
(0.96)
(2.45)
N/A
(1.82)
N/A
(1.71)
(2.24)
Downside Deviation
N/A
8.97
N/A
1.12
2.5
N/A
1.52
N/A
1.39
2.25
Semi Variance
N/A
34.04
N/A
0.3079
4.47
N/A
1.53
N/A
0.4854
2.42

Ocean Glass Competition Performance Charts

Five steps to successful analysis of Ocean Glass Competition

Ocean Glass' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Ocean Glass Public in relation to its competition. Ocean Glass' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Ocean Glass in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Ocean Glass' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Ocean Glass Public, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Ocean Glass position

In addition to having Ocean Glass in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Entertainment Theme
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Entertainment Theme or any other thematic opportunities.
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Other Information on Investing in Ocean Stock

Ocean Glass financial ratios help investors to determine whether Ocean Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ocean with respect to the benefits of owning Ocean Glass security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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