Ocean Glass (Thailand) Price on October 3, 2024

OGC Stock  THB 19.00  0.30  1.60%   
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 14th of December 2024, with the highest price reaching 19.00 and the lowest price hitting 19.00 during the day. 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. Ocean Glass Public exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ocean Glass' Coefficient Of Variation of (1,002), risk adjusted performance of (0.07), and Variance of 2.39 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.

Sharpe Ratio = -0.1139

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Estimated Market Risk

 1.6
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ocean Glass 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 Glass by adding Ocean Glass to a well-diversified portfolio.

Ocean Glass Valuation on October 3, 2024

It is possible to determine the worth of Ocean Glass on a given historical date. On October 3, 2024 Ocean was worth 23.3 at the beginning of the trading date compared to the closed value of 23.2. 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
  22.70    22.70    22.70    22.70    1.00  
10/03/2024
  23.30    24.00    23.20    23.20    600.00  
  23.20    23.20    23.20    23.20    1.00  
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Open Value
23.3
23.2
Closing Value
28.10
Upside

Ocean Glass Trading Date Momentum on October 3, 2024

On October 04 2024 Ocean Glass Public was traded for  23.20  at the closing time. The maximum traded price for the trading interval was 23.20  and the lowest daily price was  23.20 . There was no trading activity during the period 1.0. Lack of trading volume on 4th of October 2024 did not cause price change. The trading delta at closing time to the closing price today is 2.16% .

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.
A focus of Ocean Glass technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ocean Glass trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ocean Glass Period Price Range

Low
December 14, 2024
0.00  NaN%
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 December 14, 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.

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.