Oando PLC (South Africa) Price on August 12, 2024
| OAO Stock | 30.00 0.00 0.00% |
If you're considering investing in Oando Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oando PLC stands at 30.00, as last reported on the 1st of December, with the highest price reaching 30.00 and the lowest price hitting 30.00 during the day. Oando PLC appears to be slightly risky, given 3 months investment horizon. Oando PLC maintains Sharpe Ratio (i.e., Efficiency) of 0.0467, which implies the firm had a 0.0467% return per unit of risk over the last 3 months. By analyzing Oando PLC's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please evaluate Oando PLC's Semi Deviation of 5.5, coefficient of variation of 1209.92, and Risk Adjusted Performance of 0.0725 to confirm if our risk estimates are consistent with your expectations.
Oando Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oando |
Sharpe Ratio = 0.0467
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 11.44 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Oando PLC is performing at about 3% of its full potential. 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 Oando PLC by adding it to a well-diversified portfolio.
Oando PLC Valuation on August 12, 2024
It is possible to determine the worth of Oando PLC on a given historical date. On August 12, 2024 Oando was worth 18.0 at the beginning of the trading date compared to the closed value of 20.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oando PLC stock. Still, in general, we apply an absolute valuation method to find Oando PLC'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 Oando PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oando PLC's related companies.
| Open | High | Low | Close | Volume | |
| 18.00 | 18.00 | 18.00 | 18.00 | 1.00 | |
08/12/2024 | 18.00 | 21.00 | 18.00 | 20.00 | 43,530 |
| 20.00 | 20.00 | 20.00 | 20.00 | 1.00 |
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Oando PLC Trading Date Momentum on August 12, 2024
| On August 13 2024 Oando PLC was traded for 20.00 at the closing time. The highest price during the trading period was 20.00 and the lowest recorded bid was listed for 20.00 . There was no trading activity during the period 1.0. Lack of trading volume on August 13, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Oando PLC Fundamentals Correlations and Trends
By evaluating Oando PLC'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 Oando PLC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oando financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oando PLC Stock history
Oando PLC 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 Oando is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oando PLC 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 Oando PLC stock prices may prove useful in developing a viable investing in Oando PLC
Oando PLC Stock Technical Analysis
Oando PLC 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
Oando PLC Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Oando PLC cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Oando PLC December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Oando PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oando PLC shares will generate the highest return on investment. By undertsting and applying Oando PLC stock market strength indicators, traders can identify Oando PLC entry and exit signals to maximize returns
Oando PLC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oando PLC's price direction in advance. Along with the technical and fundamental analysis of Oando Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oando 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 | 0.0725 | |||
| Jensen Alpha | 0.8389 | |||
| Total Risk Alpha | (1.01) | |||
| Sortino Ratio | 0.0485 | |||
| Treynor Ratio | 0.9458 |
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Complementary Tools for Oando Stock analysis
When running Oando PLC's price analysis, check to measure Oando PLC'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 Oando PLC is operating at the current time. Most of Oando PLC's value examination focuses on studying past and present price action to predict the probability of Oando PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oando PLC's price. Additionally, you may evaluate how the addition of Oando PLC to your portfolios can decrease your overall portfolio volatility.
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