COSCO SHIPPING Development Price on June 6, 2024

CITAFDelisted Stock  USD 0.11  0.00  0.00%   
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 0.11, as last reported on the 25th of November, with the highest price reaching 0.11 and the lowest price hitting 0.11 during the day. COSCO SHIPPING Devel secures Sharpe Ratio (or Efficiency) of -0.0737, which signifies that the company had a -0.0737% return per unit of volatility over the last 3 months. COSCO SHIPPING Development exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COSCO SHIPPING's risk adjusted performance of 0.0465, and Mean Deviation of 1.45 to double-check the risk estimate we provide.
  
COSCO Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0737

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Estimated Market Risk

 3.3
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average COSCO SHIPPING is not performing at its full potential. However, 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 COSCO SHIPPING to a well-diversified portfolio.

COSCO SHIPPING Valuation on June 6, 2024

It is possible to determine the worth of COSCO SHIPPING on a given historical date. On June 6, 2024 COSCO was worth 0.14 at the beginning of the trading date compared to the closed value of 0.14. 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
  0.14    0.14    0.14    0.14    1.00  
06/06/2024
  0.14    0.14    0.14    0.14    1.00  
  0.14    0.14    0.14    0.14    1.00  
Backtest COSCO SHIPPING  |  COSCO SHIPPING History  |  COSCO SHIPPING Valuation   PreviousNext  
Open Value
0.14
0.14
Closing Value
10.03
Upside

COSCO SHIPPING Trading Date Momentum on June 6, 2024

On June 07 2024 COSCO SHIPPING Development was traded for  0.14  at the closing time. The highest daily price throughout the period was 0.14  and the lowest price was  0.14 . There was no trading activity during the period 1.0. Lack of trading volume on 06/07/2024 did not affect price variability. The overall trading delta to current closing price is 7.14% .

COSCO SHIPPING Devel 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 Devel 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 Development Co., Ltd., together with its subsidiaries, provides vessel chartering and container leasing services. COSCO SHIPPING Development Co., Ltd. was founded in 1997 and is headquartered in Shanghai, the Peoples Republic of China. Cosco Shipping operates under Marine Shipping classification in the United States and is traded on OTC Exchange. It employs 13338 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.
A focus of COSCO SHIPPING technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of COSCO SHIPPING trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

COSCO SHIPPING Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

COSCO SHIPPING Development 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 25, 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 Development 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Other Consideration for investing in COSCO Pink Sheet

If you are still planning to invest in COSCO SHIPPING Devel check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the COSCO SHIPPING's history and understand the potential risks before investing.
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