Orion Office Reit Stock Price on December 31, 2023
| ONL Stock | USD 4.19 0.04 0.96% |
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 Office stands at 4.19, as last reported on the 26th of November, with the highest price reaching 4.22 and the lowest price hitting 4.10 during the day. As of now, Orion Stock is slightly risky. Orion Office Reit maintains Sharpe Ratio (i.e., Efficiency) of 0.0507, which implies the firm had a 0.0507% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Orion Office Reit, which you can use to evaluate the volatility of the company. Please check Orion Office's Semi Deviation of 2.24, risk adjusted performance of 0.0357, and Coefficient Of Variation of 2650.96 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Orion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orion |
Sharpe Ratio = 0.0507
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Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Orion Office is performing at about 3% 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 Office by adding it to a well-diversified portfolio.
Price Book 0.2899 | Enterprise Value Ebitda 13.0692 | Price Sales 1.3687 | Shares Float 54.1 M | Dividend Share 0.4 |
Orion Office Valuation on December 31, 2023
It is possible to determine the worth of Orion Office on a given historical date. On December 31, 2023 Orion was worth 5.34 at the beginning of the trading date compared to the closed value of 5.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orion Office stock. Still, in general, we apply an absolute valuation method to find Orion Office'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 Office where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orion Office's related companies.
| Open | High | Low | Close | Volume | |
| 5.31 | 5.42 | 5.31 | 5.38 | 365,932 | |
12/29/2023 | 5.34 | 5.38 | 5.25 | 5.25 | 276,990 |
| 5.24 | 5.42 | 5.22 | 5.30 | 418,680 |
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Orion Office Trading Date Momentum on December 31, 2023
| On January 02 2024 Orion Office Reit was traded for 5.30 at the closing time. Highest Orion Office's price during the trading hours was 5.42 and the lowest price during the day was 5.22 . The net volume was 418.7 K. The overall trading history on the 2nd of January contributed to the next trading period price upswing. The trading delta at closing time to the next next day price was 0.95% . The trading delta at closing time to current price is 2.67% . |
Orion Office Reit Fundamentals Correlations and Trends
By evaluating Orion Office'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 Office'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 Office Stock history
Orion Office 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 Office Reit 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 Office stock prices may prove useful in developing a viable investing in Orion Office
Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The companys team of experienced industry leaders employs a proven, cycle-tested investment evaluation framework which serves as the lens through which capital allocation decisions are made for the current portfolio and future acquisitions. Orion Office operates under REITOffice classification in the United States and is traded on New York Stock Exchange. It employs 26 people.
Orion Office Stock Technical Analysis
Orion Office 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 Office Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Orion Office Reit 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 Office November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Orion Office 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 Office shares will generate the highest return on investment. By undertsting and applying Orion Office stock market strength indicators, traders can identify Orion Office Reit entry and exit signals to maximize returns
Orion Office Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orion Office'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 | 0.0357 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0635 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Office Reit. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Orion Office. If investors know Orion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Orion Office listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.4 | Earnings Share (1.55) | Revenue Per Share 3.037 | Quarterly Revenue Growth (0.20) | Return On Assets (0.01) |
The market value of Orion Office Reit is measured differently than its book value, which is the value of Orion that is recorded on the company's balance sheet. Investors also form their own opinion of Orion Office's value that differs from its market value or its book value, called intrinsic value, which is Orion Office's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Orion Office's market value can be influenced by many factors that don't directly affect Orion Office's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orion Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orion Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orion Office's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.