Ocean Glass (Thailand) Performance
| OGC Stock | THB 19.60 0.50 2.62% |
Ocean Glass holds a performance score of 8 on a scale of zero to a hundred. The company holds a Beta of -0.47, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ocean Glass are expected to decrease at a much lower rate. During the bear market, Ocean Glass is likely to outperform the market. Use Ocean Glass total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to analyze future returns on Ocean Glass.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Ocean Glass Public are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting fundamental indicators, Ocean Glass disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 102.7 M | |
| Total Cashflows From Investing Activities | -118.3 M |
Ocean |
Ocean Glass Relative Risk vs. Return Landscape
If you would invest 2,170 in Ocean Glass Public on August 29, 2024 and sell it today you would lose (210.00) from holding Ocean Glass Public or give up 9.68% of portfolio value over 90 days. Ocean Glass Public is generating 14.1212% of daily returns assuming 126.8467% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Ocean on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ocean Glass Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ocean Glass' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ocean Glass Public, and traders can use it to determine the average amount a Ocean Glass' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1113
| Best Portfolio | Best Equity | OGC | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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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 Fundamentals Growth
Ocean Stock prices reflect investors' perceptions of the future prospects and financial health of Ocean Glass, and Ocean Glass fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ocean Stock performance.
| Return On Equity | 0.0126 | |||
| Return On Asset | 0.0352 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 1.4 B | |||
| Shares Outstanding | 21.33 M | |||
| Price To Earning | 28.71 X | |||
| Price To Book | 0.29 X | |||
| Price To Sales | 0.28 X | |||
| Revenue | 1.55 B | |||
| EBITDA | 206.04 M | |||
| Cash And Equivalents | 97.19 M | |||
| Cash Per Share | 4.56 X | |||
| Total Debt | 232.8 M | |||
| Debt To Equity | 0.59 % | |||
| Book Value Per Share | 84.72 X | |||
| Cash Flow From Operations | 262 M | |||
| Earnings Per Share | 1.06 X | |||
| Total Asset | 3.36 B | |||
| Retained Earnings | 786 M | |||
| Current Asset | 1.39 B | |||
| Current Liabilities | 621 M | |||
About Ocean Glass Performance
By examining Ocean Glass' fundamental ratios, stakeholders can obtain critical insights into Ocean Glass' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Ocean Glass is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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.Things to note about Ocean Glass Public performance evaluation
Checking the ongoing alerts about Ocean Glass for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ocean Glass Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ocean Glass Public is way too risky over 90 days horizon | |
| Ocean Glass Public appears to be risky and price may revert if volatility continues | |
| About 72.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Ocean Glass' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ocean Glass' stock is overvalued or undervalued compared to its peers.
- Examining Ocean Glass' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ocean Glass' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ocean Glass' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ocean Glass' stock. These opinions can provide insight into Ocean Glass' potential for growth and whether the stock is currently undervalued or overvalued.
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.