Orsted As Stock Market Value
| DOGEF Stock | USD 54.63 0.75 1.35% |
| Symbol | Orsted |
Orsted A/S 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Orsted A/S's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Orsted A/S.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Orsted A/S on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Orsted AS or generate 0.0% return on investment in Orsted A/S over 30 days. Orsted A/S is related to or competes with Innergex Renewable, and Clearway Energy. rsted AS, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, sola... More
Orsted A/S Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Orsted A/S's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Orsted AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.64 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 24.85 | |||
| Value At Risk | (4.59) | |||
| Potential Upside | 5.65 |
Orsted A/S Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orsted A/S's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orsted A/S's standard deviation. In reality, there are many statistical measures that can use Orsted A/S historical prices to predict the future Orsted A/S's volatility.| Risk Adjusted Performance | 0.0212 | |||
| Jensen Alpha | 0.207 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Orsted A/S's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Orsted A/S Backtested Returns
Orsted A/S maintains Sharpe Ratio (i.e., Efficiency) of -0.003, which implies the firm had a -0.003% return per unit of risk over the last 3 months. Orsted A/S exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orsted A/S's Coefficient Of Variation of 5729.27, semi deviation of 3.84, and Risk Adjusted Performance of 0.0212 to confirm the risk estimate we provide. The company holds a Beta of -1.55, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Orsted A/S are expected to decrease by larger amounts. On the other hand, during market turmoil, Orsted A/S is expected to outperform it. At this point, Orsted A/S has a negative expected return of -0.0108%. Please make sure to check Orsted A/S's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Orsted A/S performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.45 |
Modest reverse predictability
Orsted AS has modest reverse predictability. Overlapping area represents the amount of predictability between Orsted A/S time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Orsted A/S price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Orsted A/S price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 1.21 |
Orsted A/S lagged returns against current returns
Autocorrelation, which is Orsted A/S pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Orsted A/S's pink sheet expected returns. We can calculate the autocorrelation of Orsted A/S returns to help us make a trade decision. For example, suppose you find that Orsted A/S has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Orsted A/S regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Orsted A/S pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orsted A/S pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orsted A/S pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Orsted A/S Lagged Returns
When evaluating Orsted A/S's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orsted A/S pink sheet have on its future price. Orsted A/S autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Orsted A/S autocorrelation shows the relationship between Orsted A/S pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Orsted AS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Orsted Pink Sheet
Orsted A/S financial ratios help investors to determine whether Orsted Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Orsted with respect to the benefits of owning Orsted A/S security.