Cosco Shipping Development Stock Volatility
| CITAY Stock | USD 5.19 0.00 0.00% |
We have found three technical indicators for COSCO SHIPPING Development, which you can use to evaluate the volatility of the firm. Key indicators related to COSCO SHIPPING's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
COSCO SHIPPING Pink Sheet volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of COSCO daily returns, and it is calculated using variance and standard deviation. We also use COSCO's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of COSCO SHIPPING volatility.
COSCO |
COSCO SHIPPING Devel Pink Sheet Volatility Analysis
Volatility refers to the frequency at which COSCO SHIPPING pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with COSCO SHIPPING's price changes. Investors will then calculate the volatility of COSCO SHIPPING's pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of COSCO SHIPPING's volatility:
Historical Volatility
This type of pink sheet volatility measures COSCO SHIPPING's fluctuations based on previous trends. It's commonly used to predict COSCO SHIPPING's future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for COSCO SHIPPING's current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on COSCO SHIPPING's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. COSCO SHIPPING Devel Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
COSCO SHIPPING Projected Return Density Against Market
Assuming the 90 days horizon COSCO SHIPPING has a beta that is very close to zero suggesting the returns on DOW JONES INDUSTRIAL and COSCO SHIPPING do not appear to be sensitive.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to COSCO SHIPPING or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that COSCO SHIPPING's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a COSCO pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
It does not look like COSCO SHIPPING's alpha can have any bearing on the current valuation. Predicted Return Density |
| Returns |
What Drives a COSCO SHIPPING Price Volatility?
Several factors can influence a pink sheet's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.COSCO SHIPPING Pink Sheet Return Volatility
COSCO SHIPPING historical daily return volatility represents how much of COSCO SHIPPING pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 0.0% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.8802% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About COSCO SHIPPING Volatility
Volatility is a rate at which the price of COSCO SHIPPING or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of COSCO SHIPPING may increase or decrease. In other words, similar to COSCO's beta indicator, it measures the risk of COSCO SHIPPING and helps estimate the fluctuations that may happen in a short period of time. So if prices of COSCO SHIPPING fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.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 11748 people.
COSCO SHIPPING's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on COSCO Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much COSCO SHIPPING's price varies over time.
3 ways to utilize COSCO SHIPPING's volatility to invest better
Higher COSCO SHIPPING's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of COSCO SHIPPING Devel stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. COSCO SHIPPING Devel stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of COSCO SHIPPING Devel investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in COSCO SHIPPING's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of COSCO SHIPPING's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
COSCO SHIPPING Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.88 and is 9.223372036854776E16 times more volatile than COSCO SHIPPING Development. 0 percent of all equities and portfolios are less risky than COSCO SHIPPING. You can use COSCO SHIPPING Development to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of COSCO SHIPPING to be traded at $5.14 in 90 days.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.
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COSCO SHIPPING Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against COSCO SHIPPING as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. COSCO SHIPPING's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, COSCO SHIPPING's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to COSCO SHIPPING Development.
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.