Cosco Shipping Holdings Stock Price on November 15, 2024
| CICOY Stock | USD 6.98 0.28 3.86% |
If you're considering investing in COSCO Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of COSCO SHIPPING stands at 6.98, as last reported on the 27th of November, with the highest price reaching 7.01 and the lowest price hitting 6.95 during the day. At this stage we consider COSCO Pink Sheet to be slightly risky. COSCO SHIPPING Holdings secures Sharpe Ratio (or Efficiency) of 0.0516, which signifies that the company had a 0.0516% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for COSCO SHIPPING Holdings, which you can use to evaluate the volatility of the firm. Please confirm COSCO SHIPPING's mean deviation of 2.33, and Risk Adjusted Performance of 0.0668 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
COSCO Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
COSCO |
Sharpe Ratio = 0.0516
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Estimated Market Risk
| 3.15 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average COSCO SHIPPING is performing at about 4% of its full potential. 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 COSCO SHIPPING by adding it to a well-diversified portfolio.
COSCO SHIPPING Valuation on November 15, 2024
It is possible to determine the worth of COSCO SHIPPING on a given historical date. On November 15, 2024 COSCO was worth 7.88 at the beginning of the trading date compared to the closed value of 7.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of COSCO SHIPPING pink sheet. Still, in general, we apply an absolute valuation method to find COSCO SHIPPING's 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 COSCO SHIPPING where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against COSCO SHIPPING's related companies.
| Open | High | Low | Close | Volume | |
| 7.72 | 7.88 | 7.50 | 7.50 | 1,518 | |
11/15/2024 | 7.88 | 7.88 | 7.61 | 7.72 | 2,600 |
| 7.45 | 7.84 | 7.45 | 7.80 | 2,300 |
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COSCO SHIPPING Trading Date Momentum on November 15, 2024
| On November 18 2024 COSCO SHIPPING Holdings was traded for 7.80 at the closing time. The highest daily price throughout the period was 7.84 and the lowest price was 7.45 . The daily volume was 2.3 K. The net trading volume on 11/18/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.04% . The overall trading delta to current closing price is 2.85% . |
COSCO SHIPPING Holdings Fundamentals Correlations and Trends
By evaluating COSCO SHIPPING's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among COSCO SHIPPING's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. COSCO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About COSCO SHIPPING Pink Sheet history
COSCO SHIPPING 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 COSCO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in COSCO SHIPPING Holdings 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 COSCO SHIPPING stock prices may prove useful in developing a viable investing in COSCO SHIPPING
COSCO SHIPPING Holdings Co., Ltd., an investment holding company, engages in the container shipping, container terminals, and other terminal related businesses in the United States, Europe, the Asia Pacific, Mainland China, and internationally. COSCO SHIPPING Holdings Co., Ltd. was incorporated in 2005 and is based in Shanghai, the Peoples Republic of China. China Cosco operates under Marine Shipping classification in the United States and is traded on OTC Exchange. It employs 30980 people.
COSCO SHIPPING Pink Sheet Technical Analysis
COSCO SHIPPING technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
COSCO SHIPPING Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
COSCO SHIPPING Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
COSCO SHIPPING November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how COSCO SHIPPING 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 COSCO SHIPPING shares will generate the highest return on investment. By undertsting and applying COSCO SHIPPING pink sheet market strength indicators, traders can identify COSCO SHIPPING Holdings entry and exit signals to maximize returns
COSCO SHIPPING Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for COSCO SHIPPING's price direction in advance. Along with the technical and fundamental analysis of COSCO Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of COSCO 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.
| Risk Adjusted Performance | 0.0668 | |||
| Jensen Alpha | 0.2538 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0316 | |||
| Treynor Ratio | (1.02) |
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Additional Tools for COSCO Pink Sheet Analysis
When running COSCO SHIPPING's price analysis, check to measure COSCO SHIPPING'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 COSCO SHIPPING is operating at the current time. Most of COSCO SHIPPING's value examination focuses on studying past and present price action to predict the probability of COSCO SHIPPING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COSCO SHIPPING's price. Additionally, you may evaluate how the addition of COSCO SHIPPING to your portfolios can decrease your overall portfolio volatility.