China Overseas Land Stock Market Value
| CAOVY Stock | USD 8.54 0.05 0.58% |
| Symbol | China |
China Overseas '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 China Overseas' 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 China Overseas.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in China Overseas on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding China Overseas Land or generate 0.0% return on investment in China Overseas over 720 days. China Overseas is related to or competes with Longfor Group, Sun Hung, Country Garden, Sino Land, Sun Hung, and Daiwa House. China Overseas Land Investment Limited, an investment holding company, engages in the property development and investmen... More
China Overseas 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 China Overseas' 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 China Overseas Land upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.03 | |||
| Information Ratio | 0.0462 | |||
| Maximum Drawdown | 33.43 | |||
| Value At Risk | (5.99) | |||
| Potential Upside | 7.76 |
China Overseas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for China Overseas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Overseas' standard deviation. In reality, there are many statistical measures that can use China Overseas historical prices to predict the future China Overseas' volatility.| Risk Adjusted Performance | 0.0651 | |||
| Jensen Alpha | 0.2487 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | 0.0452 | |||
| Treynor Ratio | 0.4254 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of China Overseas' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
China Overseas Land Backtested Returns
China Overseas appears to be slightly risky, given 3 months investment horizon. China Overseas Land secures Sharpe Ratio (or Efficiency) of 0.0696, which signifies that the company had a 0.0696% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for China Overseas Land, which you can use to evaluate the volatility of the firm. Please makes use of China Overseas' Downside Deviation of 5.03, risk adjusted performance of 0.0651, and Mean Deviation of 3.17 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, China Overseas holds a performance score of 5. The firm shows a Beta (market volatility) of 0.84, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, China Overseas' returns are expected to increase less than the market. However, during the bear market, the loss of holding China Overseas is expected to be smaller as well. Please check China Overseas' sortino ratio, as well as the relationship between the semi variance and day median price , to make a quick decision on whether China Overseas' price patterns will revert.
Auto-correlation | -0.52 |
Good reverse predictability
China Overseas Land has good reverse predictability. Overlapping area represents the amount of predictability between China Overseas time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 China Overseas Land price movement. The serial correlation of -0.52 indicates that about 52.0% of current China Overseas price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 1.23 |
China Overseas Land lagged returns against current returns
Autocorrelation, which is China Overseas 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 China Overseas' pink sheet expected returns. We can calculate the autocorrelation of China Overseas returns to help us make a trade decision. For example, suppose you find that China Overseas 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 |
China Overseas 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 China Overseas pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Overseas pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Overseas pink sheet over time.
Current vs Lagged Prices |
| Timeline |
China Overseas Lagged Returns
When evaluating China Overseas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Overseas pink sheet have on its future price. China Overseas 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, China Overseas autocorrelation shows the relationship between China Overseas pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Overseas Land.
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 China Pink Sheet Analysis
When running China Overseas' price analysis, check to measure China Overseas' 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 China Overseas is operating at the current time. Most of China Overseas' value examination focuses on studying past and present price action to predict the probability of China Overseas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Overseas' price. Additionally, you may evaluate how the addition of China Overseas to your portfolios can decrease your overall portfolio volatility.