What Overall Execution Status took into account is the time when your test is effectively run; it's not the date of the Test Execution.
"Latest status" will show the latest status taking into account the date of the related Test Runs.
We have this document that will help to understand the calculation:
Hope this helps!
Pre-receive hooks that verify the Git commit message, the modified files, and implement similar code change controls used to be requirements of large enterprises working in regulated industries only....
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