Ocean Glass (Thailand) Price on September 25, 2024
| OGC Stock | THB 19.00 0.60 3.06% |
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 Glass stands at 19.00, as last reported on the 30th of November, with the highest price reaching 19.00 and the lowest price hitting 19.00 during the day. Ocean Glass is out of control given 3 months investment horizon. Ocean Glass Public maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We were able to break down twenty-two different technical indicators, which can help you to evaluate if expected returns of 14.08% are justified by taking the suggested risk. Use Ocean Glass Coefficient Of Variation of (817.34), risk adjusted performance of (0.09), and Variance of 2.39 to evaluate company specific risk that cannot be diversified away.
Ocean Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ocean |
Sharpe Ratio = 0.111
| Best Portfolio | Best Equity | OGC | ||
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Estimated Market Risk
| 126.85 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Ocean Glass is performing at about 8% of its full potential. 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 Glass by adding it to a well-diversified portfolio.
Ocean Glass Valuation on September 25, 2024
It is possible to determine the worth of Ocean Glass on a given historical date. On September 25, 2024 Ocean was worth 22.7 at the beginning of the trading date compared to the closed value of 22.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ocean Glass stock. Still, in general, we apply an absolute valuation method to find Ocean Glass' 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 Glass where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ocean Glass' related companies.
| Open | High | Low | Close | Volume | |
| 22.80 | 22.80 | 22.80 | 22.80 | 1.00 | |
09/25/2024 | 22.70 | 23.20 | 22.70 | 22.70 | 600.00 |
| 22.50 | 24.90 | 22.00 | 23.70 | 4,101 |
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Ocean Glass Trading Date Momentum on September 25, 2024
| On September 26 2024 Ocean Glass Public was traded for 23.70 at the closing time. The maximum traded price for the trading interval was 24.90 and the lowest daily price was 22.00 . The daily volume was recorded at 4.1 K. The volume of trading on 26th of September 2024 played a part in the next trading day price upswing. The trading delta at closing time to the next closing price was 4.41% . The trading delta at closing time to the closing price today is 2.20% . |
Ocean Glass Public Fundamentals Correlations and Trends
By evaluating Ocean Glass' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ocean Glass' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ocean financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ocean Glass Stock history
Ocean Glass investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ocean is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ocean Glass Public will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ocean Glass stock prices may prove useful in developing a viable investing in Ocean Glass
Ocean Glass Public Company Limited, together with its subsidiaries, manufactures and sells table glassware in Thailand. Ocean Glass Public Company Limited was founded in 1979 and is headquartered in Bangkok, Thailand. OCEAN GLASS operates under Furnishings, Fixtures Appliances classification in Thailand and is traded on Stock Exchange of Thailand.
Ocean Glass Stock Technical Analysis
Ocean Glass 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.
Price Boundaries
Ocean Glass Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Ocean Glass Public cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ocean Glass November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Ocean Glass 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 Glass shares will generate the highest return on investment. By undertsting and applying Ocean Glass stock market strength indicators, traders can identify Ocean Glass Public entry and exit signals to maximize returns
Ocean Glass Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ocean Glass' 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.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | 0.4491 |
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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.