Orex Minerals Stock Price on December 4, 2024
| REX Stock | CAD 0.14 0.01 7.69% |
Below is the normalized historical share price chart for Orex Minerals extending back to September 29, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Orex Minerals stands at 0.14, as last reported on the 4th of December, with the highest price reaching 0.16 and the lowest price hitting 0.14 during the day.
If you're considering investing in Orex Stock, it is important to understand the factors that can impact its price. Orex Minerals maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. Orex Minerals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orex Minerals' Coefficient Of Variation of (1,623), risk adjusted performance of (0.04), and Variance of 51.09 to confirm the risk estimate we provide.
At this time, Orex Minerals' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 34 M in 2024, whereas Sale Purchase Of Stock is likely to drop slightly above 669.7 K in 2024. . At this time, Orex Minerals' Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.24 in 2024, whereas Price Earnings Ratio is likely to drop (2.20) in 2024. Orex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.2304 | 50 Day MA 0.1782 | Beta 0.635 |
Orex |
Sharpe Ratio = -0.1386
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Estimated Market Risk
| 6.35 actual daily | 56 56% of assets are less volatile |
Expected Return
| -0.88 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orex Minerals 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 Orex Minerals by adding Orex Minerals to a well-diversified portfolio.
Price Book 1.4164 | Book Value 0.13 | Enterprise Value 3.5 M | Enterprise Value Ebitda (2.04) | Shares Float 23.4 M |
Orex Minerals Valuation on December 4, 2024
It is possible to determine the worth of Orex Minerals on a given historical date. On December 4, 2024 Orex was worth 0.16 at the beginning of the trading date compared to the closed value of 0.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orex Minerals stock. Still, in general, we apply an absolute valuation method to find Orex Minerals' 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 Orex Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orex Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 0.16 | 0.16 | 0.14 | 0.14 | 23,016 | |
12/04/2024 | 0.16 | 0.16 | 0.14 | 0.14 | 0.00 |
| Backtest Orex Minerals | | | Orex Minerals History | | | Orex Minerals Valuation | Previous |
Orex Minerals Trading Date Momentum on December 4, 2024
| On December 04 2024 Orex Minerals was traded for 0.14 at the closing time. The highest daily price throughout the period was 0.16 and the lowest price was 0.14 . There was no trading activity during the period 0.0. Lack of trading volume on 12/04/2024 did not cause price change. The trading delta at closing time to current closing price is 14.29% . |
Orex Minerals Fundamentals Correlations and Trends
By evaluating Orex Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Orex Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orex Minerals Stock history
Orex Minerals 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 Orex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orex Minerals 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 Orex Minerals stock prices may prove useful in developing a viable investing in Orex Minerals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 20 M | 34 M | |
| Net Loss | -2.1 M | -2 M |
Orex Minerals Stock Technical Analysis
Orex Minerals 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
Orex Minerals Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Orex Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Orex Minerals December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Orex Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orex Minerals shares will generate the highest return on investment. By undertsting and applying Orex Minerals stock market strength indicators, traders can identify Orex Minerals entry and exit signals to maximize returns
Orex Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orex Minerals' price direction in advance. Along with the technical and fundamental analysis of Orex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orex 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 | (0.04) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (1.42) | |||
| Treynor Ratio | (8.58) |
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Additional Tools for Orex Stock Analysis
When running Orex Minerals' price analysis, check to measure Orex Minerals' 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 Orex Minerals is operating at the current time. Most of Orex Minerals' value examination focuses on studying past and present price action to predict the probability of Orex Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orex Minerals' price. Additionally, you may evaluate how the addition of Orex Minerals to your portfolios can decrease your overall portfolio volatility.