United Energy Group And 2 Other Promising Penny Stocks To Watch - Simply Wall St
| OCLDY Stock | USD 11.81 0.85 7.76% |
Slightly above 55% of Orica's investors are presently thinking to get in. The analysis of overall sentiment of trading Orica Ltd ADR pink sheet suggests that some investors are interested at this time. Orica's investing sentiment can be driven by a variety of factors including economic data, Orica's earnings reports, geopolitical events, and overall market trends.
Orica |
United Energy Group And 2 Other Promising Penny Stocks To Watch Simply Wall St
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Orica Fundamental Analysis
We analyze Orica's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Orica using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Orica based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
Orica is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Orica Ltd ADR Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Orica pink sheet to make a market-neutral strategy. Peer analysis of Orica could also be used in its relative valuation, which is a method of valuing Orica by comparing valuation metrics with similar companies.
Peers
Orica Related Equities
| DNMR | Danimer Scientific | 30.72 | ||||
| OCLDF | Orica | 0.00 | ||||
| CRKN | Crown Electrokinetics | 0.36 | ||||
| GLGI | Greystone Logistics | 2.06 | ||||
| SNES | SenesTech | 3.83 | ||||
| IOFNF | Iofina Plc | 3.85 | ||||
| CNEY | CN Energy | 5.21 |
Additional Tools for Orica Pink Sheet Analysis
When running Orica's price analysis, check to measure Orica'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 Orica is operating at the current time. Most of Orica's value examination focuses on studying past and present price action to predict the probability of Orica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orica's price. Additionally, you may evaluate how the addition of Orica to your portfolios can decrease your overall portfolio volatility.