Oversea Chinese (Germany) Price on February 27, 2024
| OCBA Stock | EUR 9.77 0.04 0.41% |
If you're considering investing in Oversea Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oversea Chinese stands at 9.77, as last reported on the 5th of May, with the highest price reaching 9.77 and the lowest price hitting 9.77 during the day. We consider Oversea Chinese not too volatile. Oversea Chinese Banking maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Oversea Chinese Banking, which you can use to evaluate the volatility of the company. Please check Oversea Chinese's Risk Adjusted Performance of 0.0869, semi deviation of 1.12, and Coefficient Of Variation of 770.73 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
Oversea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oversea |
Sharpe Ratio = 0.1423
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Oversea Chinese is performing at about 11% 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 by adding it to a well-diversified portfolio.
Oversea Chinese Valuation on February 27, 2024
It is possible to determine the worth of Oversea Chinese on a given historical date. On February 27, 2024 Oversea was worth 9.01 at the beginning of the trading date compared to the closed value of 9.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oversea Chinese stock. Still, in general, we apply an absolute valuation method to find Oversea Chinese's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Oversea Chinese where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oversea Chinese's related companies.
| Open | High | Low | Close | Volume | |
| 9.03 | 9.03 | 9.03 | 9.03 | 1.00 | |
02/27/2024 | 9.01 | 9.01 | 9.01 | 9.01 | 25.00 |
| 8.63 | 8.63 | 8.63 | 8.63 | 25.00 |
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Oversea Chinese Trading Date Momentum on February 27, 2024
| On February 28 2024 Oversea Chinese Banking was traded for 8.63 at the closing time. The maximum traded price for the trading interval was 8.63 and the lowest daily price was 8.63 . The daily volume was recorded at 25.0. The volume of trading on 28th of February 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 4.22% . The trading delta at closing time to the closing price today is 0.55% . |
Oversea Chinese Banking Fundamentals Correlations and Trends
By evaluating Oversea Chinese's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Oversea Chinese's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oversea financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oversea Chinese Stock history
Oversea Chinese 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 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oversea Chinese Banking 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 stock prices may prove useful in developing a viable investing in Oversea Chinese
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 Stock Technical Analysis
Oversea Chinese 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 Period Price Range
Low | February 27, 2024
| High |
9.01 | 9.01 |
Oversea Chinese May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Oversea Chinese 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 shares will generate the highest return on investment. By undertsting and applying Oversea Chinese stock market strength indicators, traders can identify Oversea Chinese Banking entry and exit signals to maximize returns
Oversea Chinese Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oversea Chinese's price direction in advance. Along with the technical and fundamental analysis of Oversea Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oversea 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 | 0.0869 | |||
| Jensen Alpha | 0.1479 | |||
| Total Risk Alpha | 0.0151 | |||
| Sortino Ratio | 0.0611 | |||
| Treynor Ratio | 1.56 |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| 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 Banking information on this page should be used as a complementary analysis to other Oversea Chinese'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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Oversea Stock analysis
When running Oversea Chinese's price analysis, check to measure Oversea Chinese'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 is operating at the current time. Most of Oversea Chinese's value examination focuses on studying past and present price action to predict the probability of Oversea Chinese'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's price. Additionally, you may evaluate how the addition of Oversea Chinese to your portfolios can decrease your overall portfolio volatility.
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