Ocean Glass (Thailand) Technical Analysis
OGC Stock | THB 25.00 1.00 4.17% |
As of the 28th of March, Ocean Glass holds the Risk Adjusted Performance of 0.0596, coefficient of variation of 1006.29, and Semi Deviation of 0.4787. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ocean Glass, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Ocean Glass Public, which can be compared to its competitors. Please check Ocean Glass Public downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Ocean Glass Public is priced some-what accurately, providing market reflects its current price of 25.0 per share.
Ocean Glass Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ocean, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OceanOcean |
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.
Ocean Glass Public Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ocean Glass Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ocean Glass Public Trend Analysis
Use this graph to draw trend lines for Ocean Glass Public. You can use it to identify possible trend reversals for Ocean Glass as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ocean Glass price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ocean Glass Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ocean Glass Public applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Ocean Glass Public will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5.29, which is the sum of squared deviations for the predicted Ocean Glass price change compared to its average price change.About Ocean Glass Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ocean Glass Public on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ocean Glass Public based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ocean Glass Public price pattern first instead of the macroeconomic environment surrounding Ocean Glass Public. By analyzing Ocean Glass's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Ocean Glass's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Ocean Glass specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ocean Glass March 28, 2024 Technical Indicators
Most technical analysis of Ocean help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ocean from various momentum indicators to cycle indicators. When you analyze Ocean charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0596 | |||
Market Risk Adjusted Performance | (0.21) | |||
Mean Deviation | 0.5287 | |||
Semi Deviation | 0.4787 | |||
Downside Deviation | 1.34 | |||
Coefficient Of Variation | 1006.29 | |||
Standard Deviation | 0.985 | |||
Variance | 0.9702 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | 0.1379 | |||
Total Risk Alpha | (0.13) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | (0.22) | |||
Maximum Drawdown | 4.17 | |||
Value At Risk | (1.65) | |||
Potential Upside | 2.1 | |||
Downside Variance | 1.81 | |||
Semi Variance | 0.2291 | |||
Expected Short fall | (1.84) | |||
Skewness | 1.38 | |||
Kurtosis | 5.1 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocean Glass Public. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Ocean Glass Public information on this page should be used as a complementary analysis to other Ocean Glass' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Ocean Stock analysis
When running Ocean Glass' price analysis, check to measure Ocean Glass' 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 Ocean Glass is operating at the current time. Most of Ocean Glass' value examination focuses on studying past and present price action to predict the probability of Ocean Glass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Glass' price. Additionally, you may evaluate how the addition of Ocean Glass to your portfolios can decrease your overall portfolio volatility.
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