Orion Engineered Carbons Stock Price on January 17, 2023
| OEC Stock | USD 19.30 0.88 4.78% |
If you're considering investing in Orion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orion Engineered stands at 19.30, as last reported on the 3rd of December, with the highest price reaching 19.48 and the lowest price hitting 18.39 during the day. At this point, Orion Engineered is not too volatile. Orion Engineered Carbons maintains Sharpe Ratio (i.e., Efficiency) of 0.0554, which implies the firm had a 0.0554% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Orion Engineered Carbons, which you can use to evaluate the volatility of the company. Please check Orion Engineered's Coefficient Of Variation of 1805.83, semi deviation of 2.46, and Risk Adjusted Performance of 0.0499 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
Orion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orion |
Sharpe Ratio = 0.0554
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Estimated Market Risk
| 3.21 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Orion Engineered is performing at about 4% 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 Orion Engineered by adding it to a well-diversified portfolio.
Orion Engineered Valuation on January 17, 2023
It is possible to determine the worth of Orion Engineered on a given historical date. On January 17, 2023 Orion was worth 19.75 at the beginning of the trading date compared to the closed value of 19.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orion Engineered stock. Still, in general, we apply an absolute valuation method to find Orion Engineered'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 Orion Engineered where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orion Engineered's related companies.
| Open | High | Low | Close | Volume | |
| 19.07 | 19.80 | 19.07 | 19.63 | 432,855 | |
01/17/2023 | 19.75 | 19.86 | 19.54 | 19.54 | 272,077 |
| 19.68 | 19.89 | 19.50 | 19.52 | 306,373 |
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Orion Engineered Trading Date Momentum on January 17, 2023
| On January 18 2023 Orion Engineered Carbons was traded for 19.52 at the closing time. Highest Orion Engineered's price during the trading hours was 19.89 and the lowest price during the day was 19.50 . The net volume was 306.4 K. The overall trading history on the 18th of January 2023 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.10% . The trading delta at closing time to current price is 1.28% . |
Orion Engineered Carbons Fundamentals Correlations and Trends
By evaluating Orion Engineered'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 Orion Engineered's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orion Engineered Stock history
Orion Engineered 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 Orion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orion Engineered Carbons 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 Orion Engineered stock prices may prove useful in developing a viable investing in Orion Engineered
Orion Engineered Carbons S.A., together with its subsidiaries, manufactures and sells carbon black products in Germany, the United States, South Korea, Brazil, China, South Africa, the rest of Europe, and internationally. Orion Engineered Carbons S.A. was founded in 1862 and is headquartered in Senningerberg, Luxembourg. Orion Engineered operates under Specialist Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 1475 people.
Orion Engineered Stock Technical Analysis
Orion Engineered 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
Orion Engineered Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Orion Engineered Carbons cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Orion Engineered December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Orion Engineered stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orion Engineered shares will generate the highest return on investment. By undertsting and applying Orion Engineered stock market strength indicators, traders can identify Orion Engineered Carbons entry and exit signals to maximize returns
Orion Engineered Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orion Engineered's price direction in advance. Along with the technical and fundamental analysis of Orion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orion 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 | 0.0499 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0199 | |||
| Treynor Ratio | 0.0934 |
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Complementary Tools for Orion Stock analysis
When running Orion Engineered's price analysis, check to measure Orion Engineered'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 Orion Engineered is operating at the current time. Most of Orion Engineered's value examination focuses on studying past and present price action to predict the probability of Orion Engineered's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orion Engineered's price. Additionally, you may evaluate how the addition of Orion Engineered to your portfolios can decrease your overall portfolio volatility.
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