COSCO SHIPPING (China) Performance

601919
  

CNY 13.53  0.12  0.89%   

The firm shows a Beta (market volatility) of -0.4301, which signifies possible diversification benefits within a given portfolio. Let's try to break down what COSCO's beta means in this case. As returns on the market increase, returns on owning COSCO SHIPPING are expected to decrease at a much lower rate. During the bear market, COSCO SHIPPING is likely to outperform the market. Although it is important to respect COSCO SHIPPING HOLDINGS historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The approach towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing COSCO SHIPPING HOLDINGS technical indicators, you can now evaluate if the expected return of 0.0237% will be sustainable into the future. COSCO SHIPPING HOLDINGS currently shows a risk of 2.34%. Please confirm COSCO SHIPPING HOLDINGS standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if COSCO SHIPPING HOLDINGS will be following its price patterns.
  
COSCO Performance
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Over the last 90 days COSCO SHIPPING HOLDINGS has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, COSCO SHIPPING is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more

COSCO Price Channel

Quick Ratio1.67
Fifty Two Week Low13.12
Target High Price31.00
Fifty Two Week High23.55
Target Low Price16.70
Trailing Annual Dividend Yield6.27%

COSCO SHIPPING Relative Risk vs. Return Landscape

If you would invest  1,343  in COSCO SHIPPING HOLDINGS on May 13, 2022 and sell it today you would lose (2.00)  from holding COSCO SHIPPING HOLDINGS or give up 0.15% of portfolio value over 90 days. COSCO SHIPPING HOLDINGS is generating 0.0237% of daily returns and assumes 2.3359% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than COSCO, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days trading horizon COSCO SHIPPING is expected to generate 2.7 times less return on investment than the market. In addition to that, the company is 1.85 times more volatile than its market benchmark. It trades about 0.01 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of volatility.

COSCO SHIPPING Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for COSCO SHIPPING's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as COSCO SHIPPING HOLDINGS, and traders can use it to determine the average amount a COSCO SHIPPING's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0102

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Estimated Market Risk
 2.34
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Based on monthly moving average COSCO SHIPPING is performing at about 0% 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 COSCO SHIPPING by adding it to a well-diversified portfolio.

About COSCO SHIPPING Performance

To evaluate COSCO SHIPPING HOLDINGS Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when COSCO SHIPPING generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare COSCO Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand COSCO SHIPPING HOLDINGS stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents COSCO's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
COSCO SHIPPING Holdings Co., Ltd., an investment holding company, engages in the container shipping, container terminals, and other terminal related businesses in the United States, Europe, the Asia Pacific, Mainland China, and internationally. COSCO SHIPPING Holdings Co., Ltd. was incorporated in 2005 and is based in Shanghai, the Peoples Republic of China. COSCO SHIPPING operates under Marine Shipping classification in China and is traded on Shanghai Stock Exchange. It employs 30980 people.

Things to note about COSCO SHIPPING HOLDINGS

Checking the ongoing alerts about COSCO SHIPPING for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for COSCO SHIPPING HOLDINGS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

COSCO SHIPPING Alerts

Equity Alerts and Improvement Suggestions

COSCO SHIPPING has high likelihood to experience some financial distress in the next 2 years
About 59.0% of the company shares are owned by insiders or employees
Please continue to Trending Equities. Note that the COSCO SHIPPING HOLDINGS information on this page should be used as a complementary analysis to other COSCO SHIPPING'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for COSCO Stock analysis

When running COSCO SHIPPING HOLDINGS 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 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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Please note, there is a significant difference between COSCO SHIPPING's value and its price as these two are different measures arrived at by different means. Investors typically determine COSCO SHIPPING value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, COSCO SHIPPING's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.