Ora Banda (Australia) Price on December 2, 2024

OBM Stock   0.72  0.01  1.41%   
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 0.72, as last reported on the 12th of December 2024, with the highest price reaching 0.74 and the lowest price hitting 0.70 during the day.
200 Day MA
0.4861
50 Day MA
0.7546
Beta
1.567
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.0901, which implies the firm had a 0.0901% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ora Banda Mining, which you can use to evaluate the volatility of the company. Please evaluate Ora Banda's Coefficient Of Variation of 978.16, risk adjusted performance of 0.0822, and Semi Deviation of 3.66 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.

Sharpe Ratio = 0.0901

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Estimated Market Risk

 4.49
  actual daily
39
61% of assets are more volatile

Expected Return

 0.4
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Ora Banda is performing at about 7% 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
13.7918
Enterprise Value Ebitda
24.6238
Price Sales
6.3361
Shares Float
957.2 M
Wall Street Target Price
0.83

Ora Banda Main Headline on 2nd of December 2024

Ora Banda Mining Adjusts Shareholder Structure TipRanks

Ora Banda Valuation on December 2, 2024

It is possible to determine the worth of Ora Banda on a given historical date. On December 2, 2024 Ora was worth 0.72 at the beginning of the trading date compared to the closed value of 0.68. 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
  0.68    0.73    0.68    0.73    9,304,666  
12/02/2024
  0.72    0.74    0.68    0.68    5,888,450  
  0.69    0.70    0.67    0.67    2,593,511  
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Open Value
0.72
0.68
Closing Value
14.20
Upside

Ora Banda Trading Date Momentum on December 2, 2024

On December 03 2024 Ora Banda Mining was traded for  0.67  at the closing time. The maximum traded price for the trading interval was 0.70  and the lowest daily price was  0.67 . The daily volume was recorded at 2.6 M. The volume of trading on 3rd of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.47% . The trading delta at closing time to the closing price today is 5.88% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding1.9 B1.2 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.
A focus of Ora Banda technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ora Banda trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ora Banda Period Price Range

Low
December 12, 2024
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High

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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 December 12, 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.

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.