Overseas Commerce (Israel) Price on August 27, 2024
| OVRS Stock | 382.90 0.20 0.05% |
If you're considering investing in Overseas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Overseas Commerce stands at 382.90, as last reported on the 10th of December, with the highest price reaching 383.10 and the lowest price hitting 379.00 during the day. Overseas Commerce appears to be very steady, given 3 months investment horizon. Overseas Commerce maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Overseas Commerce, which you can use to evaluate the volatility of the company. Please evaluate Overseas Commerce's Risk Adjusted Performance of 0.1056, semi deviation of 1.15, and Coefficient Of Variation of 725.43 to confirm if our risk estimates are consistent with your expectations.
Overseas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Overseas |
Sharpe Ratio = 0.1378
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Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Overseas Commerce is performing at about 10% 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 Overseas Commerce by adding it to a well-diversified portfolio.
Overseas Commerce Valuation on August 27, 2024
It is possible to determine the worth of Overseas Commerce on a given historical date. On August 27, 2024 Overseas was worth 335.73 at the beginning of the trading date compared to the closed value of 334.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Overseas Commerce stock. Still, in general, we apply an absolute valuation method to find Overseas Commerce'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 Overseas Commerce where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Overseas Commerce's related companies.
| Open | High | Low | Close | Volume | |
| 335.73 | 335.73 | 335.73 | 335.73 | 23.00 | |
08/27/2024 | 335.73 | 335.73 | 334.74 | 334.84 | 513.00 |
| 333.75 | 333.75 | 333.75 | 333.75 | 5,262 |
| Backtest Overseas Commerce | | | Overseas Commerce History | | | Overseas Commerce Valuation | Previous | Next |
Overseas Commerce Trading Date Momentum on August 27, 2024
| On August 28 2024 Overseas Commerce was traded for 333.75 at the closing time. The highest price during the trading period was 333.75 and the lowest recorded bid was listed for 333.75 . The volume for the day was 5.3 K. This history from August 28, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.33% . The trading delta at closing time to the current price is 2.65% . |
Overseas Commerce Fundamentals Correlations and Trends
By evaluating Overseas Commerce'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 Overseas Commerce's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Overseas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Overseas Commerce Stock history
Overseas Commerce 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 Overseas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Overseas Commerce 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 Overseas Commerce stock prices may prove useful in developing a viable investing in Overseas Commerce
Overseas Commerce Ltd., together with its subsidiaries, provides logistic services to businesses and customers. Overseas Commerce Ltd. was founded in 1967 and is based in Ashdod, Israel. OVERSEAS operates under Integrated Shipping Logistics classification in Israel and is traded on Tel Aviv Stock Exchange.
Overseas Commerce Stock Technical Analysis
Overseas Commerce 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
Overseas Commerce Period Price Range
Low | December 10, 2024
| High |
0.00 | 0.00 |
Overseas Commerce cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv Stock 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.
Overseas Commerce December 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Overseas Commerce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Overseas Commerce shares will generate the highest return on investment. By undertsting and applying Overseas Commerce stock market strength indicators, traders can identify Overseas Commerce entry and exit signals to maximize returns
Overseas Commerce Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Overseas Commerce's price direction in advance. Along with the technical and fundamental analysis of Overseas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Overseas 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 | 0.1056 | |||
| Jensen Alpha | 0.2028 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.08 | |||
| Treynor Ratio | 0.7129 |
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Complementary Tools for Overseas Stock analysis
When running Overseas Commerce's price analysis, check to measure Overseas Commerce'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 Commerce is operating at the current time. Most of Overseas Commerce's value examination focuses on studying past and present price action to predict the probability of Overseas Commerce'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 Commerce's price. Additionally, you may evaluate how the addition of Overseas Commerce to your portfolios can decrease your overall portfolio volatility.
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