Overshoot is an expression used when talking about a ship's steering ability. What does this mean?

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It is the way a ship continues to turn after counter-rudder is applied.

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It is the way a ship continues to turn when the helm is put amidship.

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It is the way a ship turns when the helm is put to the hard over position.

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It is the way a ship responds when moving the helm from hard to port to hard to starboard.

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