Orezone Gold Corp Stock Price on November 10, 2023
| ORE Stock | 0.71 0.06 9.23% |
If you're considering investing in Orezone Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orezone Gold stands at 0.71, as last reported on the 30th of November, with the highest price reaching 0.72 and the lowest price hitting 0.64 during the day. As of now, Orezone Stock is abnormally volatile. Orezone Gold Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0307, which implies the firm had a 0.0307% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Orezone Gold Corp, which you can use to evaluate the volatility of the company. Please check Orezone Gold's Coefficient Of Variation of 4011.57, risk adjusted performance of 0.0271, and Semi Deviation of 3.61 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
At this time, Orezone Gold's Total Stockholder Equity is very stable compared to the past year. As of the 30th of November 2024, Common Stock Shares Outstanding is likely to grow to about 386.7 M, while Common Stock is likely to drop about 212.7 M. . At this time, Orezone Gold's Price Earnings Ratio is very stable compared to the past year. As of the 30th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 3.03, while Price To Sales Ratio is likely to drop 0.81. Orezone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orezone |
Sharpe Ratio = 0.0307
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Estimated Market Risk
| 3.9 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Orezone Gold is performing at about 2% 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 Orezone Gold by adding it to a well-diversified portfolio.
Price Book 0.9509 | Enterprise Value Ebitda 2.6348 | Price Sales 1.2752 | Shares Float 253 M | Wall Street Target Price 1.61 |
Orezone Gold Valuation on November 10, 2023
It is possible to determine the worth of Orezone Gold on a given historical date. On November 10, 2023 Orezone was worth 0.82 at the beginning of the trading date compared to the closed value of 0.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orezone Gold stock. Still, in general, we apply an absolute valuation method to find Orezone Gold'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 Orezone Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orezone Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.85 | 0.85 | 0.81 | 0.81 | 152,100 | |
11/10/2023 | 0.82 | 0.82 | 0.77 | 0.77 | 92,400 |
| 0.79 | 0.81 | 0.73 | 0.73 | 221,300 |
| Backtest Orezone Gold | | | Orezone Gold History | | | Orezone Gold Valuation | Previous | Next |
Orezone Gold Trading Date Momentum on November 10, 2023
| On November 13 2023 Orezone Gold Corp was traded for 0.73 at the closing time. The maximum traded price for the trading interval was 0.81 and the lowest daily price was 0.73 . The daily volume was recorded at 221.3 K. The volume of trading on 13th of November 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 5.19% . The trading delta at closing time to the closing price today is 2.60% . |
Orezone Gold Corp Fundamentals Correlations and Trends
By evaluating Orezone Gold'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 Orezone Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orezone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orezone Gold Stock history
Orezone Gold 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 Orezone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orezone Gold Corp 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 Orezone Gold stock prices may prove useful in developing a viable investing in Orezone Gold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 368.3 M | 386.7 M | |
| Net Income Applicable To Common Shares | 837 K | 878.8 K |
Orezone Gold Stock Technical Analysis
Orezone Gold 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
Orezone Gold Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Orezone Gold Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Orezone Gold November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Orezone Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orezone Gold shares will generate the highest return on investment. By undertsting and applying Orezone Gold stock market strength indicators, traders can identify Orezone Gold Corp entry and exit signals to maximize returns
Orezone Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orezone Gold's price direction in advance. Along with the technical and fundamental analysis of Orezone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orezone 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 | 0.0271 | |||
| Jensen Alpha | 0.0011 | |||
| Total Risk Alpha | (0.58) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1291 |
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Other Information on Investing in Orezone Stock
Orezone Gold financial ratios help investors to determine whether Orezone Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Orezone with respect to the benefits of owning Orezone Gold security.