Oroco Resource Corp Stock Price on April 17, 2024
ORRCF Stock | USD 0.20 0.01 4.76% |
If you're considering investing in Oroco OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Oroco Resource stands at 0.20, as last reported on the 23rd of November, with the highest price reaching 0.20 and the lowest price hitting 0.19 during the day. Oroco Resource Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the firm had a -0.1% return per unit of risk over the last 3 months. Oroco Resource Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oroco Resource's Variance of 10.92, risk adjusted performance of (0.1), and Coefficient Of Variation of (726.30) to confirm the risk estimate we provide.
Oroco OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Oroco |
Sharpe Ratio = -0.1021
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Estimated Market Risk
3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
-0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Oroco Resource is not performing at its full potential. However, 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 Oroco Resource by adding Oroco Resource to a well-diversified portfolio.
Oroco Resource Valuation on April 17, 2024
It is possible to determine the worth of Oroco Resource on a given historical date. On April 17, 2024 Oroco was worth 0.51 at the beginning of the trading date compared to the closed value of 0.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oroco Resource otc stock. Still, in general, we apply an absolute valuation method to find Oroco Resource'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 Oroco Resource where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oroco Resource's related companies.
Open | High | Low | Close | Volume | |
0.50 | 0.50 | 0.49 | 0.50 | 24,700 | |
04/17/2024 | 0.51 | 0.51 | 0.45 | 0.47 | 114,100 |
0.46 | 0.48 | 0.46 | 0.46 | 88,500 |
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Oroco Resource Trading Date Momentum on April 17, 2024
On April 18 2024 Oroco Resource Corp was traded for 0.46 at the closing time. The highest daily price throughout the period was 0.48 and the lowest price was 0.46 . The daily volume was 88.5 K. The net trading volume on 04/18/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.13% . The trading delta at closing time to current closing price is 2.13% . |
Oroco Resource Corp Fundamentals Correlations and Trends
By evaluating Oroco Resource'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 Oroco Resource's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Oroco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Oroco Resource OTC Stock history
Oroco Resource 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 Oroco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oroco Resource 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 Oroco Resource stock prices may prove useful in developing a viable investing in Oroco Resource
Oroco Resource Corp., an exploration stage company, engages in the acquisition and exploration of mineral properties in Mexico. The company was incorporated in 2006 and is headquartered in Vancouver, Canada. OROCO RESOURCE operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Oroco Resource OTC Stock Technical Analysis
Oroco Resource technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Oroco Resource Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Oroco Resource Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Oroco Resource November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Oroco Resource otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Oroco Resource shares will generate the highest return on investment. By undertsting and applying Oroco Resource otc stock market strength indicators, traders can identify Oroco Resource Corp entry and exit signals to maximize returns
Oroco Resource Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Oroco Resource's price direction in advance. Along with the technical and fundamental analysis of Oroco OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Oroco 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 | (0.1) | |||
Jensen Alpha | (0.43) | |||
Total Risk Alpha | (0.99) | |||
Treynor Ratio | 1.55 |
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When running Oroco Resource's price analysis, check to measure Oroco Resource'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 Oroco Resource is operating at the current time. Most of Oroco Resource's value examination focuses on studying past and present price action to predict the probability of Oroco Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oroco Resource's price. Additionally, you may evaluate how the addition of Oroco Resource to your portfolios can decrease your overall portfolio volatility.
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