Ora Banda (Australia) Price on May 30, 2024
| OBM Stock | 0.75 0.02 2.60% |
Below is the normalized historical share price chart for Ora Banda Mining extending back to December 14, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ora Banda stands at 0.75, as last reported on the 23rd of November, with the highest price reaching 0.78 and the lowest price hitting 0.74 during the day.
If you're considering investing in Ora Stock, it is important to understand the factors that can impact its price. Ora Banda appears to be abnormally volatile, given 3 months investment horizon. Ora Banda Mining maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Ora Banda's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please evaluate Ora Banda's Semi Deviation of 3.45, coefficient of variation of 649.71, and Risk Adjusted Performance of 0.1256 to confirm if our risk estimates are consistent with your expectations.
At this time, Ora Banda's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 444.6 M in 2024, whereas Capital Stock is likely to drop slightly above 485 M in 2024. . Ora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.4553 | 50 Day MA 0.7387 | Beta 1.567 |
Ora |
Sharpe Ratio = 0.142
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| Small Returns | OBM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.16 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Ora Banda is performing at about 11% 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 Ora Banda by adding it to a well-diversified portfolio.
Price Book 14.4601 | Enterprise Value Ebitda 25.8131 | Price Sales 6.5501 | Shares Float 957.2 M | Wall Street Target Price 0.83 |
Ora Banda Valuation on May 30, 2024
It is possible to determine the worth of Ora Banda on a given historical date. On May 30, 2024 Ora was worth 0.33 at the beginning of the trading date compared to the closed value of 0.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ora Banda stock. Still, in general, we apply an absolute valuation method to find Ora Banda'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 Ora Banda where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ora Banda's related companies.
| Open | High | Low | Close | Volume | |
| 0.33 | 0.34 | 0.32 | 0.34 | 420,267 | |
05/30/2024 | 0.33 | 0.34 | 0.33 | 0.34 | 377,418 |
| 0.33 | 0.34 | 0.32 | 0.33 | 1,426,812 |
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Ora Banda Trading Date Momentum on May 30, 2024
| On May 31 2024 Ora Banda Mining was traded for 0.33 at the closing time. The maximum traded price for the trading interval was 0.34 and the lowest daily price was 0.32 . The daily volume was recorded at 1.4 M. The volume of trading on 31st of May 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.94% . The trading delta at closing time to the closing price today is 0.00% . |
Ora Banda Mining Fundamentals Correlations and Trends
By evaluating Ora Banda'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 Ora Banda's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ora financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ora Banda Stock history
Ora Banda 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 Ora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ora Banda Mining 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 Ora Banda stock prices may prove useful in developing a viable investing in Ora Banda
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.9 B | 1.2 B | |
| Net Loss | -39.7 M | -41.7 M |
Ora Banda Stock Technical Analysis
Ora Banda 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
Ora Banda Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Ora Banda Mining cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Ora Banda November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Ora Banda stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ora Banda shares will generate the highest return on investment. By undertsting and applying Ora Banda stock market strength indicators, traders can identify Ora Banda Mining entry and exit signals to maximize returns
Ora Banda Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ora Banda's price direction in advance. Along with the technical and fundamental analysis of Ora Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ora 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 | 0.1256 | |||
| Jensen Alpha | 0.6331 | |||
| Total Risk Alpha | 0.0878 | |||
| Sortino Ratio | 0.1299 | |||
| Treynor Ratio | (27.07) |
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Additional Tools for Ora Stock Analysis
When running Ora Banda's price analysis, check to measure Ora Banda'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 Ora Banda is operating at the current time. Most of Ora Banda's value examination focuses on studying past and present price action to predict the probability of Ora Banda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ora Banda's price. Additionally, you may evaluate how the addition of Ora Banda to your portfolios can decrease your overall portfolio volatility.