Oversea-Chinese BankingLimited (Germany) Price on August 2, 2018
| OCBA Stock | EUR 9.44 0.05 0.53% |
If you're considering investing in Oversea-Chinese Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oversea-Chinese BankingLimited stands at 9.44, as last reported on the 23rd of April, with the highest price reaching 9.44 and the lowest price hitting 9.44 during the day. We consider Oversea-Chinese BankingLimited not too volatile. Oversea-Chinese BankingLimited maintains Sharpe Ratio (i.e., Efficiency) of 0.0872, which implies the firm had a 0.0872% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Oversea-Chinese BankingLimited, which you can use to evaluate the volatility of the company. Please check Oversea-Chinese BankingLimited's Coefficient Of Variation of 978.54, risk adjusted performance of 0.0677, and Semi Deviation of 1.1 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Oversea-Chinese Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oversea-Chinese |
Sharpe Ratio = 0.0872
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Estimated Market Risk
| 1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Oversea-Chinese BankingLimited is performing at about 6% 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 Oversea-Chinese BankingLimited by adding it to a well-diversified portfolio.
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.
About Oversea-Chinese BankingLimited Stock history
Oversea-Chinese BankingLimited 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 Oversea-Chinese is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oversea-Chinese BankingLimited 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 Oversea-Chinese BankingLimited stock prices may prove useful in developing a viable investing in Oversea-Chinese BankingLimited
Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, other parts of the Asia Pacific, and internationally. Oversea-Chinese Banking Corporation Limited was founded in 1912 and is headquartered in Singapore. OVERS CHINESE operates under BanksRegional classification in Germany and is traded on Frankfurt Stock Exchange. It employs 29622 people.
Oversea-Chinese BankingLimited Stock Technical Analysis
Oversea-Chinese BankingLimited 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
Oversea-Chinese BankingLimited Period Price Range
Oversea-Chinese BankingLimited April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Oversea-Chinese BankingLimited stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oversea-Chinese BankingLimited shares will generate the highest return on investment. By undertsting and applying Oversea-Chinese BankingLimited stock market strength indicators, traders can identify Oversea Chinese Banking entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 9.44 | |||
| Day Typical Price | 9.44 | |||
| Price Action Indicator | 0.025 | |||
| Period Momentum Indicator | 0.05 |
Oversea-Chinese BankingLimited Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oversea-Chinese BankingLimited's price direction in advance. Along with the technical and fundamental analysis of Oversea-Chinese Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oversea-Chinese 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 | 0.0677 | |||
| Jensen Alpha | 0.1291 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0323 | |||
| Treynor Ratio | (0.87) |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oversea Chinese Banking. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Oversea-Chinese BankingLimited information on this page should be used as a complementary analysis to other Oversea-Chinese BankingLimited's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Oversea-Chinese Stock analysis
When running Oversea-Chinese BankingLimited's price analysis, check to measure Oversea-Chinese BankingLimited'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 Oversea-Chinese BankingLimited is operating at the current time. Most of Oversea-Chinese BankingLimited's value examination focuses on studying past and present price action to predict the probability of Oversea-Chinese BankingLimited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oversea-Chinese BankingLimited's price. Additionally, you may evaluate how the addition of Oversea-Chinese BankingLimited to your portfolios can decrease your overall portfolio volatility.
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