China Overseas' market value is the price at which a share of China Overseas trades on a public exchange. It measures the collective expectations of China Overseas Land investors about its performance. China Overseas is trading at 1.54 as of the 8th of January 2025. This is a 1.99 percent increase since the beginning of the trading day. The stock's lowest day price was 1.51. With this module, you can estimate the performance of a buy and hold strategy of China Overseas Land and determine expected loss or profit from investing in China Overseas over a given investment horizon. Check out China Overseas Correlation, China Overseas Volatility and China Overseas Alpha and Beta module to complement your research on China Overseas.
Please note, there is a significant difference between China Overseas' value and its price as these two are different measures arrived at by different means. Investors typically determine if China Overseas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Overseas' 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.
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' stock 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.
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12/09/2024
No Change 0.00
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In 31 days
01/08/2025
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If you would invest 0.00 in China Overseas on December 9, 2024 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 30 days. China Overseas is related to or competes with Calibre Mining, United Rentals, Jacquet Metal, WILLIS LEASE, STMICROELECTRONICS, TT Electronics, and UMC Electronics. 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' stock 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.
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.
China Overseas Land secures Sharpe Ratio (or Efficiency) of -0.0468, which signifies that the company had a -0.0468% return per unit of risk over the last 3 months. China Overseas Land exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Overseas' Risk Adjusted Performance of (0.03), standard deviation of 4.28, and Mean Deviation of 2.78 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.71, 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. At this point, China Overseas Land has a negative expected return of -0.14%. Please make sure to confirm China Overseas' maximum drawdown, accumulation distribution, and the relationship between the total risk alpha and skewness , to decide if China Overseas Land performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.35
Poor reverse predictability
China Overseas Land has poor reverse predictability. Overlapping area represents the amount of predictability between China Overseas time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 China Overseas Land price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current China Overseas price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.35
Spearman Rank Test
-0.54
Residual Average
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Price Variance
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China Overseas Land lagged returns against current returns
Autocorrelation, which is China Overseas stock'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' stock 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 stock 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Overseas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Overseas stock 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 stock 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 stock current value and its past values and can show if there is a momentum factor associated with investing in China Overseas Land.
China Overseas financial ratios help investors to determine whether China Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in China with respect to the benefits of owning China Overseas security.