Orora Share Price Soars Following Takeover Proposal
| ORA Stock | USD 68.51 0.12 0.17% |
About 62% of Ormat Technologies' investor base is looking to short. The analysis of overall sentiment of trading Ormat Technologies stock suggests that many investors are alarmed at this time. The current market sentiment, together with Ormat Technologies' historical and current headlines, can help investors time the market. In addition, many technical investors use Ormat Technologies stock news signals to limit their universe of possible portfolio assets.
Ormat |
Orora Share Price Soars Following Takeover Proposal
Read at kalkinemedia.com
 |
Ormat Technologies Fundamental Analysis
We analyze Ormat Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ormat Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ormat Technologies 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.
Price To Earning
Price To Earning Comparative Analysis
Ormat Technologies is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Ormat Technologies 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 Ormat Technologies stock to make a market-neutral strategy. Peer analysis of Ormat Technologies could also be used in its relative valuation, which is a method of valuing Ormat Technologies by comparing valuation metrics with similar companies.
Peers
Ormat Technologies Related Equities
| ENLT | Enlight Renewable | 3.32 | ||||
| ELLO | Ellomay Capital | 3.23 | ||||
| CWEN-A | Clearway Energy | 1.63 | ||||
| BEP | Brookfield Renewable | 1.63 | ||||
| BEPC | Brookfield Renewable | 1.50 | ||||
| CWEN | Clearway Energy | 1.43 | ||||
| AMPS | Altus Power | 0.61 | ||||
| EE | Excelerate Energy | 0.36 | ||||
| RNW | Renew Energy | 0.16 | ||||
| FLNC | Fluence Energy | 6.07 |
Complementary Tools for Ormat Stock analysis
When running Ormat Technologies' price analysis, check to measure Ormat Technologies' 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 Ormat Technologies is operating at the current time. Most of Ormat Technologies' value examination focuses on studying past and present price action to predict the probability of Ormat Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ormat Technologies' price. Additionally, you may evaluate how the addition of Ormat Technologies to your portfolios can decrease your overall portfolio volatility.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |