Cosco Capital (Philippines) Market Value
| COSCO Stock | 5.30 0.05 0.93% |
| Symbol | Cosco |
Cosco Capital 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cosco Capital's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cosco Capital.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Cosco Capital on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Cosco Capital or generate 0.0% return on investment in Cosco Capital over 180 days. Cosco Capital is related to or competes with Top Frontier, Transpacific Broadband, Apex Mining, Figaro Coffee, and Metro Retail. More
Cosco Capital Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cosco Capital's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cosco Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.64 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.11 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 2.24 |
Cosco Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cosco Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cosco Capital's standard deviation. In reality, there are many statistical measures that can use Cosco Capital historical prices to predict the future Cosco Capital's volatility.| Risk Adjusted Performance | 0.0563 | |||
| Jensen Alpha | 0.0919 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (3.80) |
Cosco Capital Backtested Returns
Currently, Cosco Capital is somewhat reliable. Cosco Capital secures Sharpe Ratio (or Efficiency) of 0.0582, which signifies that the company had a 0.0582% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cosco Capital, which you can use to evaluate the volatility of the firm. Please confirm Cosco Capital's Risk Adjusted Performance of 0.0563, mean deviation of 1.03, and Downside Deviation of 1.64 to double-check if the risk estimate we provide is consistent with the expected return of 0.0863%. Cosco Capital has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0234, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Cosco Capital are expected to decrease at a much lower rate. During the bear market, Cosco Capital is likely to outperform the market. Cosco Capital right now shows a risk of 1.48%. Please confirm Cosco Capital value at risk, as well as the relationship between the skewness and day median price , to decide if Cosco Capital will be following its price patterns.
Auto-correlation | -0.1 |
Very weak reverse predictability
Cosco Capital has very weak reverse predictability. Overlapping area represents the amount of predictability between Cosco Capital time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cosco Capital price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Cosco Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Cosco Capital lagged returns against current returns
Autocorrelation, which is Cosco Capital stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cosco Capital's stock expected returns. We can calculate the autocorrelation of Cosco Capital returns to help us make a trade decision. For example, suppose you find that Cosco Capital has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Cosco Capital regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cosco Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cosco Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cosco Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Cosco Capital Lagged Returns
When evaluating Cosco Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cosco Capital stock have on its future price. Cosco Capital autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cosco Capital autocorrelation shows the relationship between Cosco Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Cosco Capital.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Cosco Stock Analysis
When running Cosco Capital's price analysis, check to measure Cosco Capital'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 Capital is operating at the current time. Most of Cosco Capital's value examination focuses on studying past and present price action to predict the probability of Cosco Capital'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 Capital's price. Additionally, you may evaluate how the addition of Cosco Capital to your portfolios can decrease your overall portfolio volatility.