Cosco Shipping Development Stock Market Value
| CITAY Stock | USD 7.26 0.00 0.00% |
| Symbol | COSCO |
COSCO SHIPPING '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 COSCO SHIPPING's 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 COSCO SHIPPING.
| 04/29/2025 |
| 07/28/2025 |
If you would invest 0.00 in COSCO SHIPPING on April 29, 2025 and sell it all today you would earn a total of 0.00 from holding COSCO SHIPPING Development or generate 0.0% return on investment in COSCO SHIPPING over 90 days. COSCO SHIPPING is related to or competes with Heico, Raytheon Technologies, China National, China Merchants, and CITIC Securities. COSCO SHIPPING Development Co., Ltd., together with its subsidiaries, provides vessel chartering and container leasing s... More
COSCO SHIPPING 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 COSCO SHIPPING's 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 COSCO SHIPPING Development upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0942 | |||
| Maximum Drawdown | 37.44 | |||
| Potential Upside | 1.57 |
COSCO SHIPPING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COSCO SHIPPING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COSCO SHIPPING's standard deviation. In reality, there are many statistical measures that can use COSCO SHIPPING historical prices to predict the future COSCO SHIPPING's volatility.| Risk Adjusted Performance | 0.1195 | |||
| Jensen Alpha | 0.5291 | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | 1.68 |
COSCO SHIPPING Devel Backtested Returns
COSCO SHIPPING appears to be slightly risky, given 3 months investment horizon. COSCO SHIPPING Devel secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15 % return per unit of volatility over the last 3 months. By analyzing COSCO SHIPPING's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of COSCO SHIPPING's risk adjusted performance of 0.1195, and Mean Deviation of 1.23 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, COSCO SHIPPING holds a performance score of 11. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, COSCO SHIPPING's returns are expected to increase less than the market. However, during the bear market, the loss of holding COSCO SHIPPING is expected to be smaller as well. Please check COSCO SHIPPING's jensen alpha and day median price , to make a quick decision on whether COSCO SHIPPING's price patterns will revert.
Auto-correlation | 0.81 |
Very good predictability
COSCO SHIPPING Development has very good predictability. Overlapping area represents the amount of predictability between COSCO SHIPPING time series from 29th of April 2025 to 13th of June 2025 and 13th of June 2025 to 28th of July 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 COSCO SHIPPING Devel price movement. The serial correlation of 0.81 indicates that around 81.0% of current COSCO SHIPPING price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
COSCO SHIPPING Devel lagged returns against current returns
Autocorrelation, which is COSCO SHIPPING 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 COSCO SHIPPING's pink sheet expected returns. We can calculate the autocorrelation of COSCO SHIPPING returns to help us make a trade decision. For example, suppose you find that COSCO SHIPPING 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 |
COSCO SHIPPING 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 COSCO SHIPPING pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COSCO SHIPPING pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COSCO SHIPPING pink sheet over time.
Current vs Lagged Prices |
| Timeline |
COSCO SHIPPING Lagged Returns
When evaluating COSCO SHIPPING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COSCO SHIPPING pink sheet have on its future price. COSCO SHIPPING 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, COSCO SHIPPING autocorrelation shows the relationship between COSCO SHIPPING pink sheet current value and its past values and can show if there is a momentum factor associated with investing in COSCO SHIPPING Development.
Regressed Prices |
| Timeline |
Also Currently Popular
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 COSCO Pink Sheet Analysis
When running COSCO SHIPPING's price analysis, check to measure COSCO SHIPPING'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 COSCO SHIPPING is operating at the current time. Most of COSCO SHIPPING's value examination focuses on studying past and present price action to predict the probability of COSCO SHIPPING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COSCO SHIPPING's price. Additionally, you may evaluate how the addition of COSCO SHIPPING to your portfolios can decrease your overall portfolio volatility.