Orient Rental (Pakistan) Price on September 10, 2024
| ORM Stock | 7.85 0.06 0.77% |
If you're considering investing in Orient Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orient Rental stands at 7.85, as last reported on the 23rd of November, with the highest price reaching 8.13 and the lowest price hitting 7.84 during the day. Orient Rental appears to be somewhat reliable, given 3 months investment horizon. Orient Rental Modaraba maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing Orient Rental's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please evaluate Orient Rental's Semi Deviation of 1.61, risk adjusted performance of 0.139, and Coefficient Of Variation of 581.45 to confirm if our risk estimates are consistent with your expectations.
Orient Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orient |
Sharpe Ratio = 0.1936
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ORM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Orient Rental is performing at about 15% 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 Orient Rental by adding it to a well-diversified portfolio.
Orient Rental Valuation on September 10, 2024
It is possible to determine the worth of Orient Rental on a given historical date. On September 10, 2024 Orient was worth 5.72 at the beginning of the trading date compared to the closed value of 5.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orient Rental stock. Still, in general, we apply an absolute valuation method to find Orient Rental'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 Orient Rental where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orient Rental's related companies.
| Open | High | Low | Close | Volume | |
| 5.71 | 5.83 | 5.71 | 5.83 | 33.00 | |
09/10/2024 | 5.72 | 5.95 | 5.72 | 5.95 | 5,087 |
| 5.92 | 5.95 | 5.87 | 5.95 | 31,502 |
| Backtest Orient Rental | | | Orient Rental History | | | Orient Rental Valuation | Previous | Next |
Orient Rental Trading Date Momentum on September 10, 2024
| On September 11 2024 Orient Rental Modaraba was traded for 5.95 at the closing time. The highest price during the trading period was 5.95 and the lowest recorded bid was listed for 5.87 . The volume for the day was 31.5 K. This history from September 11, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
About Orient Rental Stock history
Orient Rental 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 Orient is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orient Rental Modaraba 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 Orient Rental stock prices may prove useful in developing a viable investing in Orient Rental
Orient Rental Stock Technical Analysis
Orient Rental 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
Orient Rental Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Orient Rental Modaraba cannot be verified against its exchange. Please verify the symbol is currently traded on Karachi 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.
Orient Rental November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Orient Rental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orient Rental shares will generate the highest return on investment. By undertsting and applying Orient Rental stock market strength indicators, traders can identify Orient Rental Modaraba entry and exit signals to maximize returns
Orient Rental Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orient Rental's price direction in advance. Along with the technical and fundamental analysis of Orient Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orient 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 | 0.139 | |||
| Jensen Alpha | 0.3532 | |||
| Total Risk Alpha | 0.0285 | |||
| Sortino Ratio | 0.1339 | |||
| Treynor Ratio | 0.5765 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Orient Stock Analysis
When running Orient Rental's price analysis, check to measure Orient Rental'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 Orient Rental is operating at the current time. Most of Orient Rental's value examination focuses on studying past and present price action to predict the probability of Orient Rental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orient Rental's price. Additionally, you may evaluate how the addition of Orient Rental to your portfolios can decrease your overall portfolio volatility.