Ocean Glass (Thailand) Price Prediction
OGC Stock | THB 18.80 0.20 1.05% |
Oversold Vs Overbought
14
Oversold | Overbought |
Using Ocean Glass hype-based prediction, you can estimate the value of Ocean Glass Public from the perspective of Ocean Glass response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Ocean Glass to buy its stock at a price that has no basis in reality. In that case, they are not buying Ocean because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Ocean Glass after-hype prediction price | THB 19.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Ocean |
Ocean Glass After-Hype Price Prediction Density Analysis
As far as predicting the price of Ocean Glass at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Ocean Glass or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Ocean Glass, with the unreliable approximations that try to describe financial returns.
Next price density |
Expected price to next headline |
Ocean Glass Estimiated After-Hype Price Volatility
In the context of predicting Ocean Glass' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ocean Glass' historical news coverage. Ocean Glass' after-hype downside and upside margins for the prediction period are 17.42 and 20.58, respectively. We have considered Ocean Glass' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Ocean Glass is very steady at this time. Analysis and calculation of next after-hype price of Ocean Glass Public is based on 3 months time horizon.
Ocean Glass Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Ocean Glass is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ocean Glass backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Ocean Glass, there might be something going there, and it might present an excellent short sale opportunity.
Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.18 | 1.58 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | Uncertain |
Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
18.80 | 19.00 | 0.00 |
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Ocean Glass Hype Timeline
Ocean Glass Public is now traded for 18.80on Thailand Exchange of Thailand. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Ocean is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at -0.18%. %. The volatility of related hype on Ocean Glass is about 0.0%, with the expected price after the next announcement by competition of 18.80. About 72.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.29. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Ocean Glass Public last dividend was issued on the 11th of March 2020. Assuming the 90 days trading horizon the next forecasted press release will be uncertain. Check out Ocean Glass Basic Forecasting Models to cross-verify your projections.Ocean Glass Related Hype Analysis
Having access to credible news sources related to Ocean Glass' direct competition is more important than ever and may enhance your ability to predict Ocean Glass' future price movements. Getting to know how Ocean Glass' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Ocean Glass may potentially react to the hype associated with one of its peers.
HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
PG | Peoples Garment Public | 0.00 | 0 per month | 0.45 | (0.15) | 1.11 | (1.11) | 5.54 | |
LPN | LPN Development Public | 0.00 | 0 per month | 0.00 | (0.15) | 1.86 | (1.91) | 8.80 | |
NWR | Nawarat Patanakarn Public | 0.00 | 0 per month | 0.00 | (0.11) | 5.56 | (5.56) | 25.39 | |
PB | President Bakery Public | 0.00 | 0 per month | 0.56 | (0.14) | 1.69 | (1.64) | 4.65 | |
PAF | Pan Asia Footwear | 0.00 | 0 per month | 0.00 | (0.24) | 2.00 | (5.47) | 12.20 |
Ocean Glass Additional Predictive Modules
Most predictive techniques to examine Ocean price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ocean using various technical indicators. When you analyze Ocean charts, please remember that the event formation may indicate an entry point for a short seller, and look at 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 |
About Ocean Glass Predictive Indicators
The successful prediction of Ocean Glass stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Ocean Glass Public, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Ocean Glass based on analysis of Ocean Glass hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Ocean Glass's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Ocean Glass's related companies.
Story Coverage note for Ocean Glass
The number of cover stories for Ocean Glass depends on current market conditions and Ocean Glass' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Ocean Glass is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Ocean Glass' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Ocean Glass Short Properties
Ocean Glass' future price predictability will typically decrease when Ocean Glass' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Ocean Glass Public often depends not only on the future outlook of the potential Ocean Glass' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Ocean Glass' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 21.3 M |
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.