Ocean Vantage (Malaysia) Price on September 10, 2024
| 0220 Stock | 0.17 0.03 21.43% |
If you're considering investing in Ocean Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ocean Vantage stands at 0.17, as last reported on the 11th of December 2024, with the highest price reaching 0.18 and the lowest price hitting 0.16 during the day. Ocean Vantage Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.0075, which implies the firm had a -0.0075% return per unit of risk over the last 3 months. Ocean Vantage Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ocean Vantage's Variance of 14.68, coefficient of variation of (21,894), and Risk Adjusted Performance of 0.0048 to confirm the risk estimate we provide.
Ocean Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ocean |
Sharpe Ratio = -0.0075
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| Negative Returns | 0220 |
Estimated Market Risk
| 3.67 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ocean Vantage is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ocean Vantage by adding Ocean Vantage to a well-diversified portfolio.
Ocean Vantage Valuation on September 10, 2024
It is possible to determine the worth of Ocean Vantage on a given historical date. On September 10, 2024 Ocean was worth 0.18 at the beginning of the trading date compared to the closed value of 0.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ocean Vantage stock. Still, in general, we apply an absolute valuation method to find Ocean Vantage's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ocean Vantage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ocean Vantage's related companies.
| Open | High | Low | Close | Volume | |
| 0.19 | 0.19 | 0.18 | 0.18 | 1,329,200 | |
09/10/2024 | 0.18 | 0.18 | 0.18 | 0.18 | 511,500 |
| 0.18 | 0.19 | 0.18 | 0.19 | 445,300 |
| Backtest Ocean Vantage | | | Ocean Vantage History | Previous | Next |
Ocean Vantage Trading Date Momentum on September 10, 2024
| On September 11 2024 Ocean Vantage Holdings was traded for 0.19 at the closing time. The highest price during the trading period was 0.19 and the lowest recorded bid was listed for 0.18 . The volume for the day was 445.3 K. This history from September 11, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 5.56% . The trading delta at closing time to the current price is 5.56% . |
Price Boundaries
Ocean Vantage Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Ocean Vantage December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ocean Vantage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ocean Vantage shares will generate the highest return on investment. By undertsting and applying Ocean Vantage stock market strength indicators, traders can identify Ocean Vantage Holdings entry and exit signals to maximize returns
Ocean Vantage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ocean Vantage's price direction in advance. Along with the technical and fundamental analysis of Ocean Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ocean to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.