Omron Corp Adr Stock Price on May 15, 2024
OMRNY Stock | USD 32.98 0.31 0.95% |
If you're considering investing in OMRON Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of OMRON Corp stands at 32.98, as last reported on the 22nd of November, with the highest price reaching 32.99 and the lowest price hitting 32.93 during the day. OMRON Corp ADR maintains Sharpe Ratio (i.e., Efficiency) of -0.19, which implies the firm had a -0.19% return per unit of standard deviation over the last 3 months. OMRON Corp ADR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OMRON Corp's Market Risk Adjusted Performance of (0.81), coefficient of variation of (1,449), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
OMRON Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
OMRON |
Sharpe Ratio = -0.1938
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | OMRNY |
Estimated Market Risk
1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OMRON Corp 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 OMRON Corp by adding OMRON Corp to a well-diversified portfolio.
Related Headline
KULR Technology Headline on 15th of May 2024
KULR Technology GAAP EPS of -0.04, revenue of 1.75M by seekingalpha.com
KULR Technology Group reports Q1 financial results, with a GAAP EPS of -0.04 and revenue of 1.75M.
OMRON Corp Valuation on May 15, 2024
It is possible to determine the worth of OMRON Corp on a given historical date. On May 15, 2024 OMRON was worth 36.08 at the beginning of the trading date compared to the closed value of 36.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OMRON Corp pink sheet. Still, in general, we apply an absolute valuation method to find OMRON Corp'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 OMRON Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OMRON Corp's related companies.
Open | High | Low | Close | Volume | |
37.44 | 37.44 | 36.41 | 36.93 | 29,300 | |
05/15/2024 | 36.08 | 36.92 | 36.08 | 36.45 | 42,900 |
35.89 | 36.59 | 35.32 | 35.32 | 24,700 |
Backtest OMRON Corp | | | OMRON Corp History | | | OMRON Corp Valuation | Previous | Next |
OMRON Corp Trading Date Momentum on May 15, 2024
On May 16 2024 OMRON Corp ADR was traded for 35.32 at the closing time. The highest daily price throughout the period was 36.59 and the lowest price was 35.32 . The daily volume was 24.7 K. The net trading volume on 05/16/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 3.10% . The trading delta at closing time to current closing price is 7.82% . |
OMRON Corp ADR Fundamentals Correlations and Trends
By evaluating OMRON Corp'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 OMRON Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OMRON financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OMRON Corp Pink Sheet history
OMRON Corp 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 OMRON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OMRON Corp ADR 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 OMRON Corp stock prices may prove useful in developing a viable investing in OMRON Corp
OMRON Corporation engages in industrial automation, electronic and mechanical components, social systems, and healthcare businesses worldwide. OMRON Corporation was founded in 1933 and is headquartered in Kyoto, Japan. Omron Corp operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 29020 people.
OMRON Corp Pink Sheet Technical Analysis
OMRON Corp 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.
Price Boundaries
OMRON Corp Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
OMRON Corp ADR 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.
OMRON Corp November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how OMRON Corp 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 OMRON Corp shares will generate the highest return on investment. By undertsting and applying OMRON Corp pink sheet market strength indicators, traders can identify OMRON Corp ADR entry and exit signals to maximize returns
OMRON Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OMRON Corp's price direction in advance. Along with the technical and fundamental analysis of OMRON Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of OMRON 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 | (0.05) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.37) | |||
Treynor Ratio | (0.82) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for OMRON Pink Sheet Analysis
When running OMRON Corp's price analysis, check to measure OMRON Corp'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 OMRON Corp is operating at the current time. Most of OMRON Corp's value examination focuses on studying past and present price action to predict the probability of OMRON Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OMRON Corp's price. Additionally, you may evaluate how the addition of OMRON Corp to your portfolios can decrease your overall portfolio volatility.