Orsted AS (Germany) Price on May 2, 2024
D2G Stock | EUR 44.91 0.35 0.79% |
If you're considering investing in Orsted Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orsted AS stands at 44.91, as last reported on the 25th of December, with the highest price reaching 44.91 and the lowest price hitting 44.12 during the day. Orsted AS maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the firm had a -0.17% return per unit of risk over the last 3 months. Orsted AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orsted AS's Variance of 5.76, risk adjusted performance of (0.12), and Coefficient Of Variation of (626.82) to confirm the risk estimate we provide.
Orsted Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orsted |
Sharpe Ratio = -0.1667
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Estimated Market Risk
2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orsted AS is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Orsted AS by adding Orsted AS to a well-diversified portfolio.
Orsted AS Valuation on May 2, 2024
It is possible to determine the worth of Orsted AS on a given historical date. On May 2, 2024 Orsted was worth 50.76 at the beginning of the trading date compared to the closed value of 52.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orsted AS stock. Still, in general, we apply an absolute valuation method to find Orsted AS's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Orsted AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orsted AS's related companies.
Open | High | Low | Close | Volume | |
52.52 | 52.80 | 51.60 | 51.60 | 126.00 | |
05/02/2024 | 50.76 | 53.02 | 50.76 | 52.08 | 485.00 |
52.58 | 56.52 | 52.16 | 53.96 | 896.00 |
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Orsted AS Trading Date Momentum on May 2, 2024
On May 03 2024 Orsted AS was traded for 53.96 at the closing time. The highest daily price throughout the period was 56.52 and the lowest price was 52.16 . The daily volume was 896. The net trading volume on 05/03/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 3.61% . The trading delta at closing time to current closing price is 12.33% . |
Orsted AS Fundamentals Correlations and Trends
By evaluating Orsted AS's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Orsted AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orsted financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orsted AS Stock history
Orsted AS investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Orsted is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orsted AS will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Orsted AS stock prices may prove useful in developing a viable investing in Orsted AS
rsted AS, together with its subsidiaries, develops, constructs, and operates offshore wind farms, bioenergy plants, and waste-to-energy solutions. rsted AS was founded in 1972 and is based in Fredericia, Denmark. ORSTED AS operates under Utilities - Independent Power Producers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6176 people.
Orsted AS Stock Technical Analysis
Orsted AS technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Orsted AS Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Orsted AS cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Orsted AS December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Orsted AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orsted AS shares will generate the highest return on investment. By undertsting and applying Orsted AS stock market strength indicators, traders can identify Orsted AS entry and exit signals to maximize returns
Orsted AS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orsted AS's price direction in advance. Along with the technical and fundamental analysis of Orsted Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orsted to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.12) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | 0.415 |
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Volume Indicators |
Complementary Tools for Orsted Stock analysis
When running Orsted AS's price analysis, check to measure Orsted AS's 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 Orsted AS is operating at the current time. Most of Orsted AS's value examination focuses on studying past and present price action to predict the probability of Orsted AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orsted AS's price. Additionally, you may evaluate how the addition of Orsted AS to your portfolios can decrease your overall portfolio volatility.
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