Orion Enterprise Value Multiple from 2010 to 2026
| ORIO Stock | 1.58 0.09 6.04% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter 19.81 | Current Value 20.8 | Quarterly Volatility 116.38920602 |
Check Orion Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Orion Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.7 M, Selling General Administrative of 14.2 M or Selling And Marketing Expenses of 7.4 M, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.008 or PTB Ratio of 0.48. Orion financial statements analysis is a perfect complement when working with Orion Digital Valuation or Volatility modules.
Orion | Enterprise Value Multiple |
Evaluating Orion Digital's Enterprise Value Multiple across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Orion Digital Corp's fundamental strength.
Latest Orion Digital's Enterprise Value Multiple Growth Pattern
Below is the plot of the Enterprise Value Multiple of Orion Digital Corp over the last few years. It is Orion Digital's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Orion Digital's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Multiple | 10 Years Trend |
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Enterprise Value Multiple |
| Timeline |
Orion Enterprise Value Multiple Regression Statistics
| Arithmetic Mean | (9.17) | |
| Coefficient Of Variation | (1,270) | |
| Mean Deviation | 84.55 | |
| Median | 19.81 | |
| Standard Deviation | 116.39 | |
| Sample Variance | 13,546 | |
| Range | 485 | |
| R-Value | (0.23) | |
| Mean Square Error | 13,703 | |
| R-Squared | 0.05 | |
| Significance | 0.38 | |
| Slope | (5.24) | |
| Total Sum of Squares | 216,743 |
Orion Enterprise Value Multiple History
About Orion Digital Financial Statements
Orion Digital investors utilize fundamental indicators, such as Enterprise Value Multiple, to predict how Orion Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Multiple | 19.81 | 20.80 |
Pair Trading with Orion Digital
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 Orion Digital 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 Orion Digital will appreciate offsetting losses from the drop in the long position's value.Moving against Orion Stock
| 0.63 | RY | Royal Bank | PairCorr |
| 0.56 | TD | Toronto Dominion Bank | PairCorr |
| 0.44 | TD-PFI | Toronto Dominion Bank | PairCorr |
| 0.37 | BNP | BNP Paribas CDR | PairCorr |
| 0.35 | MS | Morgan Stanley CDR | PairCorr |
The ability to find closely correlated positions to Orion Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orion Digital 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 Orion Digital - 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 Orion Digital Corp to buy it.
The correlation of Orion Digital 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 Orion Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orion Digital Corp 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 Orion Digital 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 the analysis of Orion Digital Correlation against competitors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.