Orefinders Resources Financials
| ORFDF Stock | USD 0.05 0.0002 0.40% |
With this module, you can analyze Orefinders financials for your investing period. You should be able to track the changes in Orefinders Resources individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Orefinders |
Understanding current and past Orefinders Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Orefinders Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Orefinders Resources' assets may result in an increase in income on the income statement.
The data published in Orefinders Resources' official financial statements typically reflect Orefinders Resources' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Orefinders Resources' quantitative information. For example, before you start analyzing numbers published by Orefinders accountants, it's essential to understand Orefinders Resources' liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Orefinders Resources Stock Summary
Orefinders Resources competes with Lavras Gold, North Peak, Gold Bull, and Robex Resources. Orefinders Resources Inc. engages in the exploration, development, and production of gold assets in the Abitibi region of Ontario. The company was incorporated in 2011 and is headquartered in Toronto, Canada. Orange Fund is traded on OTC Exchange in the United States.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| Business Address | 55 University Avenue, |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | www.orefinders.ca |
| Phone | 416 644 1567 |
| Currency | USD - US Dollar |
Orefinders Resources Key Financial Ratios
There are many critical financial ratios that Orefinders Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Orefinders Resources reports annually and quarterly.| Return On Equity | -0.18 | |||
| Return On Asset | -0.0455 | |||
| Number Of Employees | 11 | |||
| Beta | 0.25 |
Orefinders Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Orefinders Resources's current stock value. Our valuation model uses many indicators to compare Orefinders Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Orefinders Resources competition to find correlations between indicators driving Orefinders Resources's intrinsic value. More Info.Orefinders Resources is rated below average in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Orefinders Resources' earnings, one of the primary drivers of an investment's value.Orefinders Resources Systematic Risk
Orefinders Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Orefinders Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Orefinders Resources correlated with the market. If Beta is less than 0 Orefinders Resources generally moves in the opposite direction as compared to the market. If Orefinders Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Orefinders Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Orefinders Resources is generally in the same direction as the market. If Beta > 1 Orefinders Resources moves generally in the same direction as, but more than the movement of the benchmark.
Orefinders Resources November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Orefinders Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Orefinders Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Orefinders Resources based on widely used predictive technical indicators. In general, we focus on analyzing Orefinders OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Orefinders Resources's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.98 | |||
| Information Ratio | 0.0708 | |||
| Maximum Drawdown | 25.64 | |||
| Value At Risk | (5.96) | |||
| Potential Upside | 7.51 |
Complementary Tools for Orefinders OTC Stock analysis
When running Orefinders Resources' price analysis, check to measure Orefinders Resources' 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 Orefinders Resources is operating at the current time. Most of Orefinders Resources' value examination focuses on studying past and present price action to predict the probability of Orefinders Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orefinders Resources' price. Additionally, you may evaluate how the addition of Orefinders Resources to your portfolios can decrease your overall portfolio volatility.
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