Ormat Technologies (Israel) Buy Hold or Sell Recommendation
| ORA Stock | 29,900 400.00 1.36% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Ormat Technologies is 'Hold'. Macroaxis provides Ormat Technologies buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ORA positions.
Check out Ormat Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide. In addition, we conduct extensive research on individual companies such as Ormat and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Ormat Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Ormat |
Execute Ormat Technologies Buy or Sell Advice
The Ormat recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ormat Technologies. Macroaxis does not own or have any residual interests in Ormat Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ormat Technologies' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Ormat Technologies Trading Alerts and Improvement Suggestions
| Ormat Technologies has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 89.0% of the company shares are owned by institutional investors |
Ormat Technologies Returns Distribution Density
The distribution of Ormat Technologies' historical returns is an attempt to chart the uncertainty of Ormat Technologies' future price movements. The chart of the probability distribution of Ormat Technologies daily returns describes the distribution of returns around its average expected value. We use Ormat Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ormat Technologies returns is essential to provide solid investment advice for Ormat Technologies.
| Mean Return | 0.17 | Value At Risk | -2 | Potential Upside | 2.38 | Standard Deviation | 1.46 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ormat Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Ormat Technologies Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ormat Technologies or Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ormat Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ormat stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 1.31 | |
Ir | Information ratio | 0.03 |
Ormat Technologies Volatility Alert
Ormat Technologies has relatively low volatility with skewness of -0.47 and kurtosis of 1.53. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ormat Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ormat Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Ormat Technologies Fundamentals Vs Peers
Comparing Ormat Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ormat Technologies' direct or indirect competition across all of the common fundamentals between Ormat Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ormat Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ormat Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Ormat Technologies by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ormat Technologies to competition |
| Fundamentals | Ormat Technologies | Peer Average |
| Return On Equity | 0.0401 | -0.31 |
| Return On Asset | 0.0252 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.25 % | (5.51) % |
| Current Valuation | 23.51 B | 16.62 B |
| Shares Outstanding | 56.09 M | 571.82 M |
| Shares Owned By Insiders | 0.23 % | 10.09 % |
| Shares Owned By Institutions | 89.20 % | 39.21 % |
| Price To Book | 2.75 X | 9.51 X |
| Price To Sales | 24.30 X | 11.42 X |
| Revenue | 663.08 M | 9.43 B |
| Gross Profit | 248.79 M | 27.38 B |
| EBITDA | 186.21 M | 3.9 B |
| Net Income | 62.09 M | 570.98 M |
| Cash And Equivalents | 79.37 M | 2.7 B |
| Cash Per Share | 1.56 X | 5.01 X |
| Total Debt | 1.52 B | 5.32 B |
| Debt To Equity | 87.30 % | 48.70 % |
| Current Ratio | 1.57 X | 2.16 X |
| Book Value Per Share | 32.95 X | 1.93 K |
| Cash Flow From Operations | 258.82 M | 971.22 M |
| Earnings Per Share | 4.11 X | 3.12 X |
| Price To Earnings To Growth | 5.19 X | 4.89 X |
| Number Of Employees | 1.39 K | 18.84 K |
| Beta | 0.49 | -0.15 |
| Market Capitalization | 18.27 B | 19.03 B |
| Total Asset | 4.43 B | 29.47 B |
| Z Score | 7.2 | 8.72 |
| Annual Yield | 0.01 % | |
| Net Asset | 4.43 B | |
| Last Dividend Paid | 0.48 |
Ormat Technologies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ormat . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.0123 | |||
| Daily Balance Of Power | 1.081081 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 29905.0 | |||
| Day Typical Price | 29903.33 | |||
| Market Facilitation Index | 370.0 | |||
| Price Action Indicator | 195.0 | |||
| Period Momentum Indicator | 400.0 |
About Ormat Technologies Buy or Sell Advice
When is the right time to buy or sell Ormat Technologies? Buying financial instruments such as Ormat Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Robots And Drones
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Additional Information and Resources on Investing in Ormat Stock
When determining whether Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:Check out Ormat Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.