OCC Public (Thailand) Market Value
| OCC Stock | THB 9.10 0.55 6.43% |
| Symbol | OCC |
OCC Public 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to OCC Public's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of OCC Public.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in OCC Public on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding OCC Public or generate 0.0% return on investment in OCC Public over 90 days. OCC Public is related to or competes with Newcity Public, Pato Chemical, Ocean Glass, and Jack Chia. Public Company Limited distributes cosmetics, clothes, musical equipment, and beauty accessories primarily in Thailand More
OCC Public Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure OCC Public's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess OCC Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0734 | |||
| Maximum Drawdown | 10.98 | |||
| Value At Risk | (0.56) |
OCC Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OCC Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OCC Public's standard deviation. In reality, there are many statistical measures that can use OCC Public historical prices to predict the future OCC Public's volatility.| Risk Adjusted Performance | 0.0071 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.2455 | |||
| Treynor Ratio | 0.0233 |
OCC Public Backtested Returns
As of now, OCC Stock is not too volatile. OCC Public retains Efficiency (Sharpe Ratio) of close to zero, which implies the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty technical indicators for OCC Public, which you can use to evaluate the volatility of the entity. Please check OCC Public's coefficient of variation of 38076.1, and Market Risk Adjusted Performance of 0.0333 to confirm if the risk estimate we provide is consistent with the expected return of 0.0043%. The firm owns a Beta (Systematic Risk) of -0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning OCC Public are expected to decrease at a much lower rate. During the bear market, OCC Public is likely to outperform the market. OCC Public at this time owns a risk of 1.65%. Please check OCC Public coefficient of variation, variance, jensen alpha, as well as the relationship between the standard deviation and information ratio , to decide if OCC Public will be following its current price history.
Auto-correlation | -0.62 |
Very good reverse predictability
OCC Public has very good reverse predictability. Overlapping area represents the amount of predictability between OCC Public time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of OCC Public price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current OCC Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
OCC Public lagged returns against current returns
Autocorrelation, which is OCC Public stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting OCC Public's stock expected returns. We can calculate the autocorrelation of OCC Public returns to help us make a trade decision. For example, suppose you find that OCC Public has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
OCC Public regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If OCC Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OCC Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OCC Public stock over time.
Current vs Lagged Prices |
| Timeline |
OCC Public Lagged Returns
When evaluating OCC Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OCC Public stock have on its future price. OCC Public autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, OCC Public autocorrelation shows the relationship between OCC Public stock current value and its past values and can show if there is a momentum factor associated with investing in OCC Public.
Regressed Prices |
| Timeline |
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OCC Public financial ratios help investors to determine whether OCC 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 OCC with respect to the benefits of owning OCC Public security.