Overseas Chinese Pink Sheet Forward View
| OVCHY Stock | USD 33.41 0.40 1.18% |
Overseas Pink Sheet outlook is based on your current time horizon.
The relative strength index (RSI) of Overseas Chinese's share price is above 70 at this time. This indicates that the pink sheet is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Overseas, making its price go up or down. Momentum 70
Buy Stretched
Oversold | Overbought |
Using Overseas Chinese hype-based prediction, you can estimate the value of Overseas Chinese Banking from the perspective of Overseas Chinese response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Overseas Chinese Banking on the next trading day is expected to be 34.91 with a mean absolute deviation of 0.35 and the sum of the absolute errors of 21.50. Overseas Chinese after-hype prediction price | USD 33.41 |
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 pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Overseas |
Overseas Chinese Additional Predictive Modules
Most predictive techniques to examine Overseas price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Overseas using various technical indicators. When you analyze Overseas 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 |
Overseas Chinese Naive Prediction Price Forecast For the 1st of February
Given 90 days horizon, the Naive Prediction forecasted value of Overseas Chinese Banking on the next trading day is expected to be 34.91 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.20, and the sum of the absolute errors of 21.50.Please note that although there have been many attempts to predict Overseas Pink Sheet prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Overseas Chinese's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Overseas Chinese Pink Sheet Forecast Pattern
| Backtest Overseas Chinese | Overseas Chinese Price Prediction | Buy or Sell Advice |
Overseas Chinese Forecasted Value
In the context of forecasting Overseas Chinese's Pink Sheet value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Overseas Chinese's downside and upside margins for the forecasting period are 33.72 and 36.10, respectively. We have considered Overseas Chinese's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Overseas Chinese pink sheet data series using in forecasting. Note that when a statistical model is used to represent Overseas Chinese pink sheet, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 116.5203 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.3525 |
| MAPE | Mean absolute percentage error | 0.0118 |
| SAE | Sum of the absolute errors | 21.5023 |
Predictive Modules for Overseas Chinese
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Overseas Chinese Banking. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Overseas Chinese After-Hype Price Density Analysis
As far as predicting the price of Overseas Chinese 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 Overseas Chinese 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 Pink Sheet prices, such as prices of Overseas Chinese, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Overseas Chinese Estimiated After-Hype Price Volatility
In the context of predicting Overseas Chinese's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Overseas Chinese's historical news coverage. Overseas Chinese's after-hype downside and upside margins for the prediction period are 32.22 and 34.60, respectively. We have considered Overseas Chinese's 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
Overseas Chinese is very steady at this time. Analysis and calculation of next after-hype price of Overseas Chinese Banking is based on 3 months time horizon.
Overseas Chinese Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Overseas Chinese is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Overseas Chinese 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 Pink Sheet 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 Overseas Chinese, 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 |
0.40 | 1.19 | 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 | |
33.41 | 33.41 | 0.00 |
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Overseas Chinese Hype Timeline
Overseas Chinese Banking is now traded for 33.41. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Overseas 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 0.4%. %. The volatility of related hype on Overseas Chinese is about 0.0%, with the expected price after the next announcement by competition of 33.41. The company has price-to-book ratio of 1.07. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Overseas Chinese Banking has Price/Earnings To Growth (PEG) ratio of 0.83. The entity last dividend was issued on the 12th of August 2022. The firm had 644:625 split on the 25th of August 2014. Assuming the 90 days horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of Overseas Chinese to cross-verify your projections.Overseas Chinese Related Hype Analysis
Having access to credible news sources related to Overseas Chinese's direct competition is more important than ever and may enhance your ability to predict Overseas Chinese's future price movements. Getting to know how Overseas Chinese's 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 Overseas Chinese may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NRDBY | Nordea Bank Abp | 0.00 | 0 per month | 1.10 | 0.12 | 1.94 | (2.00) | 5.59 | |
| NBNKF | Nordea Bank Abp | 0.00 | 0 per month | 0.92 | 0.1 | 3.59 | (1.65) | 17.31 | |
| BNCDY | Banca Mediolanum SPA | 0.00 | 0 per month | 1.75 | 0.10 | 4.44 | (3.15) | 13.85 | |
| CRARF | Crdit Agricole SA | 0.00 | 0 per month | 1.01 | 0.11 | 3.36 | (2.17) | 8.79 | |
| CHBJF | China CITIC Bank | 0.00 | 0 per month | 0.00 | 0.16 | 1.12 | 0.00 | 35.56 | |
| PBCRF | PT Bank Central | 0.00 | 0 per month | 0.00 | (0.07) | 2.13 | 0.00 | 28.86 | |
| BHKLY | BOC Hong Kong | 0.00 | 0 per month | 1.07 | 0.06 | 2.47 | (2.05) | 5.78 | |
| CHCJY | China Citic Bank | 0.00 | 0 per month | 3.05 | 0.05 | 8.30 | (8.59) | 30.43 | |
| CRARY | Credit Agricole SA | 0.00 | 0 per month | 1.13 | 0.13 | 2.03 | (1.56) | 5.46 | |
| PBCRY | Bank Central Asia | 0.00 | 0 per month | 0.00 | (0.16) | 1.60 | (2.49) | 9.60 |
Other Forecasting Options for Overseas Chinese
For every potential investor in Overseas, whether a beginner or expert, Overseas Chinese's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Overseas Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Overseas. Basic forecasting techniques help filter out the noise by identifying Overseas Chinese's price trends.Overseas Chinese Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Overseas Chinese pink sheet to make a market-neutral strategy. Peer analysis of Overseas Chinese could also be used in its relative valuation, which is a method of valuing Overseas Chinese by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Overseas Chinese Market Strength Events
Market strength indicators help investors to evaluate how Overseas Chinese pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Overseas Chinese shares will generate the highest return on investment. By undertsting and applying Overseas Chinese pink sheet market strength indicators, traders can identify Overseas Chinese Banking entry and exit signals to maximize returns.
Overseas Chinese Risk Indicators
The analysis of Overseas Chinese's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Overseas Chinese's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting overseas pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8341 | |||
| Semi Deviation | 0.4095 | |||
| Standard Deviation | 1.17 | |||
| Variance | 1.36 | |||
| Downside Variance | 0.8965 | |||
| Semi Variance | 0.1677 | |||
| Expected Short fall | (0.98) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Overseas Chinese
The number of cover stories for Overseas Chinese depends on current market conditions and Overseas Chinese's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Overseas Chinese 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 Overseas Chinese's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Overseas Chinese Short Properties
Overseas Chinese's future price predictability will typically decrease when Overseas Chinese's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Overseas Chinese Banking often depends not only on the future outlook of the potential Overseas Chinese's 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. Overseas Chinese's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 B | |
| Cash And Short Term Investments | 50.1 B |
Additional Tools for Overseas Pink Sheet Analysis
When running Overseas Chinese's price analysis, check to measure Overseas Chinese'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 Overseas Chinese is operating at the current time. Most of Overseas Chinese's value examination focuses on studying past and present price action to predict the probability of Overseas Chinese's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Overseas Chinese's price. Additionally, you may evaluate how the addition of Overseas Chinese to your portfolios can decrease your overall portfolio volatility.