Orica Limited Stock Price on September 7, 2023

OCLDF Stock  USD 10.60  0.00  0.00%   
If you're considering investing in Orica Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Orica stands at 10.60, as last reported on the 30th of November, with the highest price reaching 10.60 and the lowest price hitting 10.60 during the day. Orica Limited maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. Orica Limited exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orica's Variance of 0.1381, coefficient of variation of (812.40), and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide.
  
Orica Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.126

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Estimated Market Risk

 0.38
  actual daily
3
97% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Orica 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 Orica by adding Orica to a well-diversified portfolio.

Orica Valuation on September 7, 2023

It is possible to determine the worth of Orica on a given historical date. On September 7, 2023 Orica was worth 9.41 at the beginning of the trading date compared to the closed value of 9.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orica pink sheet. Still, in general, we apply an absolute valuation method to find Orica'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 Orica where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orica's related companies.
 Open High Low Close Volume
08/23/2023
  9.41    9.41    9.41    9.41    270.00  
  9.40    9.40    9.40    9.40    541.00  
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Open Value
9.41
9.41
Closing Value
10.55
Upside

Orica Trading Date Momentum on September 7, 2023

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Orica Limited Fundamentals Correlations and Trends

By evaluating Orica'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 Orica's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orica financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Orica Pink Sheet history

Orica 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 Orica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orica Limited 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 Orica stock prices may prove useful in developing a viable investing in Orica
Orica Limited manufactures and sells commercial explosives and blasting systems in Australia, the United States, and internationally. The company was founded in 1874 and is headquartered in East Melbourne, Australia. Orica operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 13000 people.

Orica Pink Sheet Technical Analysis

Orica 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.
A focus of Orica technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Orica 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

Orica Period Price Range

Low
November 30, 2024
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High

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Orica Limited 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.

Orica November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Orica 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 Orica shares will generate the highest return on investment. By undertsting and applying Orica pink sheet market strength indicators, traders can identify Orica Limited entry and exit signals to maximize returns

Orica Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Orica's price direction in advance. Along with the technical and fundamental analysis of Orica Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orica 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.

Complementary Tools for Orica Pink Sheet analysis

When running Orica's price analysis, check to measure Orica'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 Orica is operating at the current time. Most of Orica's value examination focuses on studying past and present price action to predict the probability of Orica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orica's price. Additionally, you may evaluate how the addition of Orica to your portfolios can decrease your overall portfolio volatility.
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