Ocado Group (UK) Price on February 28, 2024
OCDO Stock | 303.10 10.00 3.19% |
If you're considering investing in Ocado Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ocado Group stands at 303.10, as last reported on the 25th of January, with the highest price reaching 318.60 and the lowest price hitting 299.68 during the day. Ocado Group PLC maintains Sharpe Ratio (i.e., Efficiency) of -0.0822, which implies the firm had a -0.0822 % return per unit of risk over the last 3 months. Ocado Group PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ocado Group's Risk Adjusted Performance of (0.06), variance of 7.68, and Coefficient Of Variation of (1,216) to confirm the risk estimate we provide.
Ocado Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ocado |
Sharpe Ratio = -0.0822
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Estimated Market Risk
2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ocado Group 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 Ocado Group by adding Ocado Group to a well-diversified portfolio.
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Ocado Group Valuation on February 28, 2024
It is possible to determine the worth of Ocado Group on a given historical date. On February 28, 2024 Ocado was worth 493.7 at the beginning of the trading date compared to the closed value of 490.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ocado Group stock. Still, in general, we apply an absolute valuation method to find Ocado Group'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 Ocado Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ocado Group's related companies.
Open | High | Low | Close | Volume | |
497.30 | 502.40 | 486.30 | 493.80 | 4,310,612 | |
02/28/2024 | 493.70 | 501.60 | 470.50 | 490.70 | 3,635,626 |
505.00 | 541.35 | 483.80 | 511.40 | 6,488,113 |
Backtest Ocado Group | | | Ocado Group History | | | Ocado Group Valuation | Previous | Next |
Ocado Group Trading Date Momentum on February 28, 2024
On February 29 2024 Ocado Group PLC was traded for 511.40 at the closing time. The highest price during the trading period was 541.35 and the lowest recorded bid was listed for 483.80 . The volume for the day was 6.5 M. This history from February 29, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 4.22% . The trading delta at closing time to the current price is 9.58% . |
Ocado Group PLC Fundamentals Correlations and Trends
By evaluating Ocado Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ocado Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ocado financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ocado Group Stock history
Ocado Group 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 Ocado is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ocado Group PLC 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 Ocado Group stock prices may prove useful in developing a viable investing in Ocado Group
Ocado Group Stock Technical Analysis
Ocado Group 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
Ocado Group Period Price Range
Low | January 25, 2025
| High |
0.00 | 0.00 |
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Ocado Group January 25, 2025 Market Strength
Market strength indicators help investors to evaluate how Ocado Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ocado Group shares will generate the highest return on investment. By undertsting and applying Ocado Group stock market strength indicators, traders can identify Ocado Group PLC entry and exit signals to maximize returns
Ocado Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ocado Group's price direction in advance. Along with the technical and fundamental analysis of Ocado Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ocado 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 | (0.06) | |||
Jensen Alpha | (0.27) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | (0.30) |
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Additional Tools for Ocado Stock Analysis
When running Ocado Group's price analysis, check to measure Ocado Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ocado Group is operating at the current time. Most of Ocado Group's value examination focuses on studying past and present price action to predict the probability of Ocado Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocado Group's price. Additionally, you may evaluate how the addition of Ocado Group to your portfolios can decrease your overall portfolio volatility.