ORMONDE MINING (Germany) Price on November 6, 2024
| ORQ1 Stock | 0.0005 0.00 0.00% |
If you're considering investing in ORMONDE Stock, it is important to understand the factors that can impact its price. As of today, the current price of ORMONDE MINING stands at 0.0005, as last reported on the 2nd of December, with the highest price reaching 0.0005 and the lowest price hitting 0.0005 during the day. ORMONDE MINING is out of control given 3 months investment horizon. ORMONDE MINING EO maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of volatility over the last 3 months. We were able to break down and collect data for sixteen different technical indicators, which can help you to evaluate if expected returns of 5.28% are justified by taking the suggested risk. Use ORMONDE MINING risk adjusted performance of 0.1108, and Coefficient Of Variation of 756.85 to evaluate company specific risk that cannot be diversified away.
ORMONDE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ORMONDE |
Sharpe Ratio = 0.1331
| Best Portfolio | Best Equity | ORQ1 | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 39.67 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average ORMONDE MINING is performing at about 10% 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 ORMONDE MINING by adding it to a well-diversified portfolio.
ORMONDE MINING Valuation on November 6, 2024
It is possible to determine the worth of ORMONDE MINING on a given historical date. On November 6, 2024 ORMONDE was worth 5.0E-4 at the beginning of the trading date compared to the closed value of 5.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ORMONDE MINING stock. Still, in general, we apply an absolute valuation method to find ORMONDE MINING'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 ORMONDE MINING where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ORMONDE MINING's related companies.
| Open | High | Low | Close | Volume | |
| 0.0005 | 0.0005 | 0.0005 | 0.0005 | 1.00 | |
11/06/2024 | 0.0005 | 0.0005 | 0.0005 | 0.0005 | 1.00 |
| 0.0005 | 0.0005 | 0.0005 | 0.0005 | 1.00 |
| Backtest ORMONDE MINING | | | ORMONDE MINING History | Previous | Next |
ORMONDE MINING Trading Date Momentum on November 6, 2024
| On November 07 2024 ORMONDE MINING EO 01 was traded for 0.0005 at the closing time. The maximum traded price for the trading interval was 0.0005 and the lowest daily price was 0.0005 . There was no trading activity during the period 1.0. Lack of trading volume on 7th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
Price Boundaries
ORMONDE MINING Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
ORMONDE MINING EO 01 cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
ORMONDE MINING December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how ORMONDE MINING stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ORMONDE MINING shares will generate the highest return on investment. By undertsting and applying ORMONDE MINING stock market strength indicators, traders can identify ORMONDE MINING EO 01 entry and exit signals to maximize returns
ORMONDE MINING Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ORMONDE MINING's price direction in advance. Along with the technical and fundamental analysis of ORMONDE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ORMONDE 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 | 0.1108 | |||
| Jensen Alpha | 5.39 | |||
| Total Risk Alpha | (1.38) | |||
| Treynor Ratio | (3.34) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for ORMONDE Stock analysis
When running ORMONDE MINING's price analysis, check to measure ORMONDE MINING'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 ORMONDE MINING is operating at the current time. Most of ORMONDE MINING's value examination focuses on studying past and present price action to predict the probability of ORMONDE MINING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ORMONDE MINING's price. Additionally, you may evaluate how the addition of ORMONDE MINING to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |