Overseas Commerce (Israel) Today
Overseas Commerce is trading at 396.10 as of the 1st of May 2024, a No Change since the beginning of the trading day. The stock's open price was 396.1. Equity ratings for Overseas Commerce are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
Valuation
Check how we calculate scores
Overseas Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Overseas Commerce's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Overseas Commerce or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Mordechai Glick |
| Business Concentration | Integrated Shipping & Logistics, Industrials (View all Sectors) |
Overseas Commerce (OVRS) is traded on Tel Aviv Stock Exchange in Israel and employs 3 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 197.52 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Overseas Commerce's market, we take the total number of its shares issued and multiply it by Overseas Commerce's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Overseas Commerce operates under Industrials sector and is part of Integrated Shipping & Logistics industry. The entity has 54.99 M outstanding shares.
Overseas Commerce has accumulated about 1.2 M in cash with 60.85 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Overseas Commerce Probability Of Bankruptcy
Overseas Stock Price Odds Analysis
What are Overseas Commerce's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Overseas Commerce jumping above the current price in 90 days from now is about 43.99%. The Overseas Commerce probability density function shows the probability of Overseas Commerce stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Overseas Commerce has a beta of 0.4377. This indicates as returns on the market go up, Overseas Commerce average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Overseas Commerce will be expected to be much smaller as well. Additionally, overseas Commerce has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Overseas Commerce to move above the current price in 90 days from now is about 43.99 (This Overseas Commerce probability density function shows the probability of Overseas Stock to fall within a particular range of prices over 90 days) .
Overseas Commerce Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Overseas Commerce market risk premium is the additional return an investor will receive from holding Overseas Commerce long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Overseas Commerce. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Overseas Commerce's alpha and beta are two of the key measurements used to evaluate Overseas Commerce's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.22 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.84 | |||
| Risk Adjusted Performance | (0.02) |
Overseas Stock Against Markets
Picking the right benchmark for Overseas Commerce stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Overseas Commerce stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Overseas Commerce is critical whether you are bullish or bearish towards Overseas Commerce at a given time. Please also check how Overseas Commerce's historical prices are related to one of the top price index indicators.
Overseas Commerce Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Overseas Commerce stock to make a market-neutral strategy. Peer analysis of Overseas Commerce could also be used in its relative valuation, which is a method of valuing Overseas Commerce by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Overseas Commerce Corporate Directors
Overseas Commerce corporate directors refer to members of an Overseas Commerce board of directors. The board of directors generally takes responsibility for the Overseas Commerce's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Overseas Commerce's board members must vote for the resolution. The Overseas Commerce board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Eliyahu Barkai | External Director | Profile | |
| Meir Barav | Director | Profile | |
| Oren Loya | Finance Director | Profile | |
| Oded Feller | Director | Profile |
How to buy Overseas Stock?
Before investing in Overseas Commerce, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Overseas Commerce. To buy Overseas Commerce stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Overseas Commerce. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Overseas Commerce stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Overseas Commerce stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Overseas Commerce stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Overseas Commerce, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Overseas Commerce?
The danger of trading Overseas Commerce is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Overseas Commerce is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Overseas Commerce. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Overseas Commerce is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |