COSCO SHIPPING Pink Sheet Forecast - Information Ratio
| CICOY Stock | USD 5.48 0.10 1.86% |
COSCO Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast COSCO SHIPPING stock prices and determine the direction of COSCO SHIPPING Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of COSCO SHIPPING's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of COSCO SHIPPING to cross-verify your projections. COSCO |
Most investors in COSCO SHIPPING cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the COSCO SHIPPING's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets COSCO SHIPPING's price structures and extracts relationships that further increase the generated results' accuracy.
| Check COSCO SHIPPING Volatility | Backtest COSCO SHIPPING | Information Ratio |
COSCO SHIPPING Trading Date Momentum
| On April 19 2024 COSCO SHIPPING Holdings was traded for 5.48 at the closing time. The highest daily price throughout the period was 5.48 and the lowest price was 5.48 . There was no trading activity during the period 0.0. Lack of trading volume on 04/19/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
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Other Forecasting Options for COSCO SHIPPING
For every potential investor in COSCO, whether a beginner or expert, COSCO SHIPPING's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. COSCO Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in COSCO. Basic forecasting techniques help filter out the noise by identifying COSCO SHIPPING's price trends.COSCO SHIPPING 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 COSCO SHIPPING pink sheet to make a market-neutral strategy. Peer analysis of COSCO SHIPPING could also be used in its relative valuation, which is a method of valuing COSCO SHIPPING by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
COSCO SHIPPING Holdings Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of COSCO SHIPPING's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of COSCO SHIPPING's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
COSCO SHIPPING Market Strength Events
Market strength indicators help investors to evaluate how COSCO SHIPPING pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading COSCO SHIPPING shares will generate the highest return on investment. By undertsting and applying COSCO SHIPPING pink sheet market strength indicators, traders can identify COSCO SHIPPING Holdings entry and exit signals to maximize returns.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 5.48 | |||
| Day Typical Price | 5.48 | |||
| Price Action Indicator | 0.05 | |||
| Period Momentum Indicator | 0.1 | |||
| Relative Strength Index | 47.51 |
COSCO SHIPPING Risk Indicators
The analysis of COSCO SHIPPING's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in COSCO SHIPPING's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cosco pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.55 | |||
| Semi Deviation | 2.01 | |||
| Standard Deviation | 1.92 | |||
| Variance | 3.68 | |||
| Downside Variance | 4.68 | |||
| Semi Variance | 4.06 | |||
| Expected Short fall | (1.56) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with COSCO SHIPPING
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if COSCO SHIPPING position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in COSCO SHIPPING will appreciate offsetting losses from the drop in the long position's value.Moving against COSCO Pink Sheet
| 0.7 | SRBBF | VPN Technologies | PairCorr |
| 0.59 | IRNRF | Iron Road Limited | PairCorr |
| 0.56 | AMKAF | AP Moeller | PairCorr |
| 0.56 | GSTX | Graphene Solar Techn | PairCorr |
| 0.55 | AMKBY | AP Moeller Maersk | PairCorr |
The ability to find closely correlated positions to COSCO SHIPPING could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace COSCO SHIPPING when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back COSCO SHIPPING - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling COSCO SHIPPING Holdings to buy it.
The correlation of COSCO SHIPPING is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as COSCO SHIPPING moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if COSCO SHIPPING Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for COSCO SHIPPING can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of COSCO SHIPPING to cross-verify your projections. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary 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.
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