Orsted As Adr Stock Price on September 23, 2024
DNNGY Stock | USD 18.31 0.59 3.33% |
If you're considering investing in Orsted Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Orsted A/S stands at 18.31, as last reported on the 29th of November, with the highest price reaching 18.39 and the lowest price hitting 18.19 during the day. Orsted AS ADR maintains Sharpe Ratio (i.e., Efficiency) of -0.0224, which implies the firm had a -0.0224% return per unit of risk over the last 3 months. Orsted AS ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orsted A/S's Risk Adjusted Performance of (0.01), variance of 7.4, and Coefficient Of Variation of (5,813) to confirm the risk estimate we provide.
Orsted Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Orsted |
Sharpe Ratio = -0.0224
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | DNNGY |
Estimated Market Risk
2.78 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orsted A/S 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 A/S by adding Orsted A/S to a well-diversified portfolio.
Related Headline
Atlantica Sustainable Headline on 23rd of September 2024
AY Young Makes Commitment with Clinton Global Initiative, Us... by prnewswire.com
PRNewswire -- Today, AY Young announced a new commitment to advancing clean energy at the Clinton Global Initiative 2024 Annual Meeting. A singer,...
Orsted A/S Valuation on September 23, 2024
It is possible to determine the worth of Orsted A/S on a given historical date. On September 23, 2024 Orsted was worth 21.96 at the beginning of the trading date compared to the closed value of 22.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orsted A/S pink sheet. Still, in general, we apply an absolute valuation method to find Orsted A/S'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 A/S where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orsted A/S's related companies.
Open | High | Low | Close | Volume | |
21.55 | 21.73 | 21.55 | 21.64 | 11,262 | |
09/23/2024 | 21.96 | 22.02 | 21.90 | 22.02 | 31,700 |
21.81 | 22.07 | 21.81 | 22.02 | 44,300 |
Backtest Orsted A/S | | | Orsted A/S History | | | Orsted A/S Valuation | Previous | Next |
Orsted A/S Trading Date Momentum on September 23, 2024
On September 24 2024 Orsted AS ADR was traded for 22.02 at the closing time. The highest daily price throughout the period was 22.07 and the lowest price was 21.81 . The daily volume was 44.3 K. The net trading volume on 09/24/2024 did not cause price change. The trading delta at closing time to current closing price is 2.77% . |
Orsted AS ADR Fundamentals Correlations and Trends
By evaluating Orsted A/S'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 A/S'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 A/S Pink Sheet history
Orsted A/S 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 ADR 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 A/S stock prices may prove useful in developing a viable investing in Orsted A/S
rsted AS, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants. rsted AS was founded in 1972 and is headquartered in Fredericia, Denmark. Orsted ADR operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 7292 people.
Orsted A/S Pink Sheet Technical Analysis
Orsted A/S technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Orsted A/S Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Orsted AS ADR cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 A/S November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Orsted A/S pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orsted A/S shares will generate the highest return on investment. By undertsting and applying Orsted A/S pink sheet market strength indicators, traders can identify Orsted AS ADR entry and exit signals to maximize returns
Orsted A/S Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orsted A/S's price direction in advance. Along with the technical and fundamental analysis of Orsted Pink Sheet 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 | (0.01) | |||
Jensen Alpha | 0.0944 | |||
Total Risk Alpha | (0.47) | |||
Treynor Ratio | 0.0433 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Orsted Pink Sheet Analysis
When running Orsted A/S's price analysis, check to measure Orsted A/S'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 A/S is operating at the current time. Most of Orsted A/S's value examination focuses on studying past and present price action to predict the probability of Orsted A/S'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 A/S's price. Additionally, you may evaluate how the addition of Orsted A/S to your portfolios can decrease your overall portfolio volatility.