COSCO SHIPPING (Germany) Price on October 10, 2024
| HIFH Stock | EUR 0.71 0.02 2.74% |
If you're considering investing in COSCO Stock, it is important to understand the factors that can impact its price. As of today, the current price of COSCO SHIPPING stands at 0.71, as last reported on the 1st of December, with the highest price reaching 0.71 and the lowest price hitting 0.71 during the day. At this point, COSCO SHIPPING is out of control. COSCO SHIPPING Energy secures Sharpe Ratio (or Efficiency) of 0.0251, which signifies that the company had a 0.0251% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for COSCO SHIPPING Energy, which you can use to evaluate the volatility of the firm. Please confirm COSCO SHIPPING's mean deviation of 3.03, and Risk Adjusted Performance of 0.0308 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
COSCO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
COSCO |
Sharpe Ratio = 0.0251
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | HIFH | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.7 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 1 99% of assets perform better |
Based on monthly moving average COSCO SHIPPING is performing at about 1% 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 October 10, 2024
It is possible to determine the worth of COSCO SHIPPING on a given historical date. On October 10, 2024 COSCO was worth 0.73 at the beginning of the trading date compared to the closed value of 0.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of COSCO SHIPPING stock. 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 | |
| 0.70 | 0.70 | 0.70 | 0.70 | 1.00 | |
10/10/2024 | 0.73 | 0.73 | 0.73 | 0.73 | 1.00 |
| 0.72 | 0.72 | 0.72 | 0.72 | 1.00 |
| Backtest COSCO SHIPPING | | | COSCO SHIPPING History | | | COSCO SHIPPING Valuation | Previous | Next |
COSCO SHIPPING Trading Date Momentum on October 10, 2024
| On October 11 2024 COSCO SHIPPING Energy was traded for 0.72 at the closing time. The maximum traded price for the trading interval was 0.72 and the lowest daily price was 0.72 . There was no trading activity during the period 1.0. Lack of trading volume on 11th of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.37% . The overall trading delta to the closing price today is 5.48% . |
COSCO SHIPPING Energy 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 Stock 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 Energy 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 Energy Transportation Co., Ltd., an investment holding company, engages in the shipment of oil, liquefied natural gas , and chemicals along the coast of the Peoples Republic of China and internationally. COSCO SHIPPING Energy Transportation Co., Ltd. is a subsidiary of China Shipping Group Company Limited. COSCO SHIPPING operates under Shipping Ports classification in Germany and is traded on Frankfurt Stock Exchange.
COSCO SHIPPING Stock Technical Analysis
COSCO SHIPPING 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.
Price Boundaries
COSCO SHIPPING Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
COSCO SHIPPING Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how COSCO SHIPPING stock 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 stock market strength indicators, traders can identify COSCO SHIPPING Energy 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 Stock 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 | 0.0308 | |||
| Jensen Alpha | 0.1868 | |||
| Total Risk Alpha | (0.80) | |||
| Sortino Ratio | 0.0062 | |||
| Treynor Ratio | (0.62) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for COSCO Stock 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.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |