Overseas Chinese Banking Stock Market Value

OVCHY Stock  USD 25.06  0.25  1.01%   
Overseas Chinese's market value is the price at which a share of Overseas Chinese trades on a public exchange. It measures the collective expectations of Overseas Chinese Banking investors about its performance. Overseas Chinese is trading at 25.06 as of the 19th of January 2025; that is 1.01% increase since the beginning of the trading day. The stock's open price was 24.81.
With this module, you can estimate the performance of a buy and hold strategy of Overseas Chinese Banking and determine expected loss or profit from investing in Overseas Chinese over a given investment horizon. Check out Overseas Chinese Correlation, Overseas Chinese Volatility and Overseas Chinese Alpha and Beta module to complement your research on Overseas Chinese.
Symbol

Please note, there is a significant difference between Overseas Chinese's value and its price as these two are different measures arrived at by different means. Investors typically determine if Overseas Chinese is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Overseas Chinese's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Overseas Chinese '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 Overseas Chinese's pink sheet 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 Overseas Chinese.
0.00
01/30/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
01/19/2025
0.00
If you would invest  0.00  in Overseas Chinese on January 30, 2023 and sell it all today you would earn a total of 0.00 from holding Overseas Chinese Banking or generate 0.0% return on investment in Overseas Chinese over 720 days. Overseas Chinese is related to or competes with Swedbank, KBC Groep, Nordea Bank, DBS Group, United Overseas, Bank Mandiri, and DBS Group. Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China... More

Overseas Chinese 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 Overseas Chinese's pink sheet 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 Overseas Chinese Banking upside and downside potential and time the market with a certain degree of confidence.

Overseas Chinese Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Overseas Chinese's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Overseas Chinese's standard deviation. In reality, there are many statistical measures that can use Overseas Chinese historical prices to predict the future Overseas Chinese's volatility.
Hype
Prediction
LowEstimatedHigh
23.1425.0626.98
Details
Intrinsic
Valuation
LowRealHigh
22.5224.4426.36
Details
Naive
Forecast
LowNextHigh
23.0024.9226.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.9324.7725.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Overseas Chinese. Your research has to be compared to or analyzed against Overseas Chinese's peers to derive any actionable benefits. When done correctly, Overseas Chinese's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Overseas Chinese Banking.

Overseas Chinese Banking Backtested Returns

At this stage we consider Overseas Pink Sheet to be very steady. Overseas Chinese Banking maintains Sharpe Ratio (i.e., Efficiency) of 0.0789, which implies the firm had a 0.0789% return per unit of risk over the last 3 months. We have found thirty technical indicators for Overseas Chinese Banking, which you can use to evaluate the volatility of the company. Please check Overseas Chinese's Risk Adjusted Performance of 0.0716, semi deviation of 1.78, and Coefficient Of Variation of 1268.08 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Overseas Chinese has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of 0.0726, which implies not very significant fluctuations relative to the market. As returns on the market increase, Overseas Chinese's returns are expected to increase less than the market. However, during the bear market, the loss of holding Overseas Chinese is expected to be smaller as well. Overseas Chinese Banking right now holds a risk of 1.92%. Please check Overseas Chinese Banking semi variance, and the relationship between the sortino ratio and rate of daily change , to decide if Overseas Chinese Banking will be following its historical price patterns.

Auto-correlation

    
  0.74  

Good predictability

Overseas Chinese Banking has good predictability. Overlapping area represents the amount of predictability between Overseas Chinese time series from 30th of January 2023 to 25th of January 2024 and 25th of January 2024 to 19th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Overseas Chinese Banking price movement. The serial correlation of 0.74 indicates that around 74.0% of current Overseas Chinese price fluctuation can be explain by its past prices.
Correlation Coefficient0.74
Spearman Rank Test0.76
Residual Average0.0
Price Variance4.85

Overseas Chinese Banking lagged returns against current returns

Autocorrelation, which is Overseas Chinese pink sheet'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 Overseas Chinese's pink sheet expected returns. We can calculate the autocorrelation of Overseas Chinese returns to help us make a trade decision. For example, suppose you find that Overseas Chinese has exhibited high autocorrelation historically, and you observe that the pink sheet 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  

Overseas Chinese 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 Overseas Chinese pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Overseas Chinese pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Overseas Chinese pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Overseas Chinese Lagged Returns

When evaluating Overseas Chinese's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Overseas Chinese pink sheet have on its future price. Overseas Chinese 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, Overseas Chinese autocorrelation shows the relationship between Overseas Chinese pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Overseas Chinese Banking.
   Regressed Prices   
       Timeline  

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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 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.