OVERSEA CHINUNSPADR2 (Germany) Price on October 2, 2024
| OCBB Stock | EUR 23.00 0.40 1.71% |
If you're considering investing in OVERSEA Stock, it is important to understand the factors that can impact its price. As of today, the current price of OVERSEA CHINUNSPADR2 stands at 23.00, as last reported on the 22nd of December, with the highest price reaching 23.00 and the lowest price hitting 23.00 during the day. At this point, OVERSEA CHINUNSPADR2 is very steady. OVERSEA CHINUNSPADR2 maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for OVERSEA CHINUNSPADR2, which you can use to evaluate the volatility of the company. Please check OVERSEA CHINUNSPADR2's Mean Deviation of 0.656, risk adjusted performance of 0.1069, and Semi Deviation of 0.5205 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
OVERSEA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OVERSEA |
Sharpe Ratio = 0.1186
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | OCBB | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.96 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average OVERSEA CHINUNSPADR2 is performing at about 9% 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 OVERSEA CHINUNSPADR2 by adding it to a well-diversified portfolio.
OVERSEA CHINUNSPADR2 Valuation on October 2, 2024
It is possible to determine the worth of OVERSEA CHINUNSPADR2 on a given historical date. On October 2, 2024 OVERSEA was worth 20.6 at the beginning of the trading date compared to the closed value of 20.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OVERSEA CHINUNSPADR2 stock. Still, in general, we apply an absolute valuation method to find OVERSEA CHINUNSPADR2'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 OVERSEA CHINUNSPADR2 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OVERSEA CHINUNSPADR2's related companies.
| Open | High | Low | Close | Volume | |
| 20.60 | 20.60 | 20.60 | 20.60 | 70.00 | |
10/02/2024 | 20.60 | 20.60 | 20.60 | 20.60 | 70.00 |
| 20.60 | 20.60 | 20.60 | 20.60 | 70.00 |
| Backtest OVERSEA CHINUNSPADR2 | | | OVERSEA CHINUNSPADR2 History | | | OVERSEA CHINUNSPADR2 Valuation | Previous | Next |
OVERSEA CHINUNSPADR2 Trading Date Momentum on October 2, 2024
| On October 03 2024 OVERSEA CHINUNSPADR2 was traded for 20.60 at the closing time. The maximum traded price for the trading interval was 20.60 and the lowest daily price was 20.60 . The daily volume was recorded at 70.0. The volume of trading on 3rd of October 2024 did not cause price change. The trading delta at closing time to the closing price today is 1.94% . |
OVERSEA CHINUNSPADR2 Fundamentals Correlations and Trends
By evaluating OVERSEA CHINUNSPADR2'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 OVERSEA CHINUNSPADR2's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OVERSEA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OVERSEA CHINUNSPADR2 Stock history
OVERSEA CHINUNSPADR2 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 OVERSEA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OVERSEA CHINUNSPADR2 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 OVERSEA CHINUNSPADR2 stock prices may prove useful in developing a viable investing in OVERSEA CHINUNSPADR2
Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore. OVERSEA CHIN operates under BanksRegional classification in Germany and is traded on Frankfurt Stock Exchange. It employs 30809 people.
OVERSEA CHINUNSPADR2 Stock Technical Analysis
OVERSEA CHINUNSPADR2 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
OVERSEA CHINUNSPADR2 Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
OVERSEA CHINUNSPADR2 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.
OVERSEA CHINUNSPADR2 December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how OVERSEA CHINUNSPADR2 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OVERSEA CHINUNSPADR2 shares will generate the highest return on investment. By undertsting and applying OVERSEA CHINUNSPADR2 stock market strength indicators, traders can identify OVERSEA CHINUNSPADR2 entry and exit signals to maximize returns
OVERSEA CHINUNSPADR2 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OVERSEA CHINUNSPADR2's price direction in advance. Along with the technical and fundamental analysis of OVERSEA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OVERSEA 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 | 0.1069 | |||
| Jensen Alpha | 0.113 | |||
| Total Risk Alpha | 0.0911 | |||
| Sortino Ratio | 0.0796 | |||
| Treynor Ratio | 0.5108 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for OVERSEA Stock analysis
When running OVERSEA CHINUNSPADR2's price analysis, check to measure OVERSEA CHINUNSPADR2'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 OVERSEA CHINUNSPADR2 is operating at the current time. Most of OVERSEA CHINUNSPADR2's value examination focuses on studying past and present price action to predict the probability of OVERSEA CHINUNSPADR2's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OVERSEA CHINUNSPADR2's price. Additionally, you may evaluate how the addition of OVERSEA CHINUNSPADR2 to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |