ORIX (Germany) Price on November 11, 2024
OIX Stock | EUR 21.00 0.40 1.94% |
If you're considering investing in ORIX Stock, it is important to understand the factors that can impact its price. As of today, the current price of ORIX stands at 21.00, as last reported on the 30th of November, with the highest price reaching 21.00 and the lowest price hitting 21.00 during the day. ORIX maintains Sharpe Ratio (i.e., Efficiency) of -0.038, which implies the firm had a -0.038% return per unit of volatility over the last 3 months. ORIX exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ORIX's risk adjusted performance of (0.03), and Coefficient Of Variation of (2,263) to confirm the risk estimate we provide.
ORIX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ORIX |
Sharpe Ratio = -0.038
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Estimated Market Risk
2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ORIX 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 ORIX by adding ORIX to a well-diversified portfolio.
ORIX Valuation on November 11, 2024
It is possible to determine the worth of ORIX on a given historical date. On November 11, 2024 ORIX was worth 20.4 at the beginning of the trading date compared to the closed value of 20.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ORIX stock. Still, in general, we apply an absolute valuation method to find ORIX'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 ORIX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ORIX's related companies.
Open | High | Low | Close | Volume | |
21.00 | 21.20 | 21.00 | 21.20 | 1.00 | |
11/11/2024 | 20.40 | 20.40 | 20.40 | 20.40 | 1.00 |
20.80 | 21.20 | 20.80 | 21.20 | 1.00 |
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ORIX Trading Date Momentum on November 11, 2024
On November 12 2024 ORIX Corporation was traded for 21.20 at the closing time. The highest daily price throughout the period was 21.20 and the lowest price was 20.80 . There was no trading activity during the period 1.0. Lack of trading volume on 11/12/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 3.92% . The trading delta at closing time to current closing price is 0.98% . |
ORIX Fundamentals Correlations and Trends
By evaluating ORIX'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 ORIX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ORIX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ORIX Stock history
ORIX 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 ORIX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ORIX 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 ORIX stock prices may prove useful in developing a viable investing in ORIX
It operates through six segments Corporate Financial Services, Maintenance Leasing, Real Estate, Investment and Operation, Retail, and Overseas Business. ORIX Corporation was incorporated in 1950 and is headquartered in Tokyo, Japan. ORIX CORP operates under Credit Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 32411 people.
ORIX Stock Technical Analysis
ORIX 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
ORIX Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
ORIX Corporation cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
ORIX November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how ORIX stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ORIX shares will generate the highest return on investment. By undertsting and applying ORIX stock market strength indicators, traders can identify ORIX Corporation entry and exit signals to maximize returns
ORIX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ORIX's price direction in advance. Along with the technical and fundamental analysis of ORIX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ORIX 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 | (0.03) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.44) | |||
Treynor Ratio | (0.54) |
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Pattern Recognition | ||
Price Transform | ||
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Volatility Indicators | ||
Volume Indicators |
Complementary Tools for ORIX Stock analysis
When running ORIX's price analysis, check to measure ORIX'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 ORIX is operating at the current time. Most of ORIX's value examination focuses on studying past and present price action to predict the probability of ORIX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ORIX's price. Additionally, you may evaluate how the addition of ORIX to your portfolios can decrease your overall portfolio volatility.
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