Orexo AB (Sweden) Price on July 17, 2023
ORX Stock | SEK 12.28 1.92 18.53% |
If you're considering investing in Orexo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orexo AB stands at 12.28, as last reported on the 27th of November, with the highest price reaching 13.14 and the lowest price hitting 10.50 during the day. Orexo AB maintains Sharpe Ratio (i.e., Efficiency) of -0.0835, which implies the firm had a -0.0835% return per unit of risk over the last 3 months. Orexo AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orexo AB's Risk Adjusted Performance of (0.17), variance of 8.04, and Coefficient Of Variation of (429.92) to confirm the risk estimate we provide.
Orexo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orexo |
Sharpe Ratio = -0.0835
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Estimated Market Risk
3.73 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orexo AB 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 Orexo AB by adding Orexo AB to a well-diversified portfolio.
Orexo AB Valuation on July 17, 2023
It is possible to determine the worth of Orexo AB on a given historical date. On July 17, 2023 Orexo was worth 14.98 at the beginning of the trading date compared to the closed value of 15.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orexo AB stock. Still, in general, we apply an absolute valuation method to find Orexo AB'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 Orexo AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orexo AB's related companies.
Open | High | Low | Close | Volume | |
15.44 | 16.00 | 14.80 | 14.98 | 23,290 | |
07/17/2023 | 14.98 | 15.84 | 14.82 | 15.36 | 26,356 |
15.42 | 16.80 | 15.42 | 16.54 | 90,577 |
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Orexo AB Trading Date Momentum on July 17, 2023
On July 18 2023 Orexo AB was traded for 16.54 at the closing time. The maximum traded price for the trading interval was 16.80 and the lowest daily price was 15.42 . The daily volume was recorded at 90.6 K. The volume of trading on 18th of July 2023 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 7.68% . The trading delta at closing time to the closing price today is 17.19% . |
Orexo AB Fundamentals Correlations and Trends
By evaluating Orexo AB'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 Orexo AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orexo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orexo AB Stock history
Orexo AB 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 Orexo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orexo AB 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 Orexo AB stock prices may prove useful in developing a viable investing in Orexo AB
Orexo AB , a specialty pharmaceutical company, develops products based on proprietary drug delivery technology. Orexo AB was founded in 1995 and is headquartered in Uppsala, Sweden. Orexo AB operates under Pharmaceuticals And Biosciences classification in Sweden and is traded on Stockholm Stock Exchange. It employs 130 people.
Orexo AB Stock Technical Analysis
Orexo AB 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
Orexo AB Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Orexo AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Orexo AB November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Orexo AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orexo AB shares will generate the highest return on investment. By undertsting and applying Orexo AB stock market strength indicators, traders can identify Orexo AB entry and exit signals to maximize returns
Orexo AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orexo AB's price direction in advance. Along with the technical and fundamental analysis of Orexo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orexo 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 | (0.17) | |||
Jensen Alpha | (0.79) | |||
Total Risk Alpha | (1.11) | |||
Treynor Ratio | (0.64) |
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Additional Tools for Orexo Stock Analysis
When running Orexo AB's price analysis, check to measure Orexo AB'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 Orexo AB is operating at the current time. Most of Orexo AB's value examination focuses on studying past and present price action to predict the probability of Orexo AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orexo AB's price. Additionally, you may evaluate how the addition of Orexo AB to your portfolios can decrease your overall portfolio volatility.