Ormat Technologies Stock Price on October 9, 2024
| ORA Stock | USD 80.74 0.66 0.82% |
Below is the normalized historical share price chart for Ormat Technologies extending back to November 11, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ormat Technologies stands at 80.74, as last reported on the 25th of November, with the highest price reaching 81.32 and the lowest price hitting 80.38 during the day.
If you're considering investing in Ormat Stock, it is important to understand the factors that can impact its price. At this point, Ormat Technologies is very steady. Ormat Technologies maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ormat Technologies, which you can use to evaluate the volatility of the company. Please check Ormat Technologies' Coefficient Of Variation of 770.55, risk adjusted performance of 0.1038, and Semi Deviation of 1.19 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
At present, Ormat Technologies' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 5.5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 48.2 M. . At present, Ormat Technologies' Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 3.38, whereas Price To Sales Ratio is forecasted to decline to 3.49. Ormat Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of November 2004 | 200 Day MA 72.1342 | 50 Day MA 78.2562 | Beta 0.526 |
Ormat |
Sharpe Ratio = 0.1059
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Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Ormat Technologies is performing at about 8% 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 Ormat Technologies by adding it to a well-diversified portfolio.
Price Book 2.0441 | Enterprise Value Ebitda 14.1352 | Price Sales 5.4848 | Shares Float 53.7 M | Dividend Share 0.48 |
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Revenue Growth 42 percent increase to 175 million for the first half of 2024 compared to the same period in 2023.Adjusted EBITDA Growth 33 percent increase to 126 millio
Ormat Technologies Valuation on October 9, 2024
It is possible to determine the worth of Ormat Technologies on a given historical date. On October 9, 2024 Ormat was worth 75.1 at the beginning of the trading date compared to the closed value of 75.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ormat Technologies stock. Still, in general, we apply an absolute valuation method to find Ormat Technologies' 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 Ormat Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ormat Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 75.81 | 75.98 | 75.08 | 75.16 | 359,087 | |
10/09/2024 | 75.10 | 76.46 | 74.65 | 75.81 | 358,292 |
| 75.43 | 75.52 | 74.44 | 74.95 | 418,649 |
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Ormat Technologies Trading Date Momentum on October 9, 2024
| On October 10 2024 Ormat Technologies was traded for 74.95 at the closing time. Highest Ormat Technologies's price during the trading hours was 75.52 and the lowest price during the day was 74.44 . The net volume was 418.6 K. The overall trading history on the 10th of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.13% . The trading delta at closing time to current price is 4.30% . |
Ormat Technologies Fundamentals Correlations and Trends
By evaluating Ormat Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ormat Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ormat financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ormat Technologies Stock history
Ormat Technologies 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 Ormat is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ormat Technologies 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 Ormat Technologies stock prices may prove useful in developing a viable investing in Ormat Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 59.8 M | 48.2 M | |
| Net Income Applicable To Common Shares | 75.7 M | 45.1 M |
Ormat Technologies Stock Technical Analysis
Ormat Technologies 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
Ormat Technologies Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Ormat Technologies 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.
Ormat Technologies November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Ormat Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ormat Technologies shares will generate the highest return on investment. By undertsting and applying Ormat Technologies stock market strength indicators, traders can identify Ormat Technologies entry and exit signals to maximize returns
Ormat Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ormat Technologies' price direction in advance. Along with the technical and fundamental analysis of Ormat Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ormat 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 | 0.1038 | |||
| Jensen Alpha | 0.0989 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0303 | |||
| Treynor Ratio | 0.3042 |
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Complementary Tools for Ormat Stock analysis
When running Ormat Technologies' price analysis, check to measure Ormat Technologies' 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 Ormat Technologies is operating at the current time. Most of Ormat Technologies' value examination focuses on studying past and present price action to predict the probability of Ormat Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ormat Technologies' price. Additionally, you may evaluate how the addition of Ormat Technologies to your portfolios can decrease your overall portfolio volatility.
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