Orezone Gold (Australia) Market Value
| ORE Stock | 2.04 0.02 0.99% |
| Symbol | Orezone |
Orezone Gold '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 Orezone Gold's stock 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 Orezone Gold.
| 11/29/2025 |
| 12/29/2025 |
If you would invest 0.00 in Orezone Gold on November 29, 2025 and sell it all today you would earn a total of 0.00 from holding Orezone Gold or generate 0.0% return on investment in Orezone Gold over 30 days. Orezone Gold is related to or competes with Bisalloy Steel, Microequities Asset, National Storage, Dicker Data, Retail Food, and Mount Gibson. Orezone Gold is entity of Australia. It is traded as Stock on AU exchange. More
Orezone Gold 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 Orezone Gold's stock 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 Orezone Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.84 | |||
| Information Ratio | 0.1333 | |||
| Maximum Drawdown | 24.44 | |||
| Value At Risk | (5.63) | |||
| Potential Upside | 8.62 |
Orezone Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orezone Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orezone Gold's standard deviation. In reality, there are many statistical measures that can use Orezone Gold historical prices to predict the future Orezone Gold's volatility.| Risk Adjusted Performance | 0.1161 | |||
| Jensen Alpha | 0.588 | |||
| Total Risk Alpha | 0.185 | |||
| Sortino Ratio | 0.146 | |||
| Treynor Ratio | 0.9909 |
Orezone Gold Backtested Returns
Orezone Gold appears to be very risky, given 3 months investment horizon. Orezone Gold maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13 % return per unit of risk over the last 3 months. By analyzing Orezone Gold's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please evaluate Orezone Gold's Risk Adjusted Performance of 0.1161, semi deviation of 3.03, and Coefficient Of Variation of 651.18 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Orezone Gold holds a performance score of 10. The company holds a Beta of 0.64, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Orezone Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Orezone Gold is expected to be smaller as well. Please check Orezone Gold's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Orezone Gold's historical price patterns will revert.
Auto-correlation | 0.81 |
Very good predictability
Orezone Gold has very good predictability. Overlapping area represents the amount of predictability between Orezone Gold time series from 29th of November 2025 to 14th of December 2025 and 14th of December 2025 to 29th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Orezone Gold price movement. The serial correlation of 0.81 indicates that around 81.0% of current Orezone Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Orezone Gold lagged returns against current returns
Autocorrelation, which is Orezone Gold stock'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 Orezone Gold's stock expected returns. We can calculate the autocorrelation of Orezone Gold returns to help us make a trade decision. For example, suppose you find that Orezone Gold has exhibited high autocorrelation historically, and you observe that the stock 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 |
Orezone Gold 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 Orezone Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orezone Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orezone Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Orezone Gold Lagged Returns
When evaluating Orezone Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orezone Gold stock have on its future price. Orezone Gold 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, Orezone Gold autocorrelation shows the relationship between Orezone Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Orezone Gold.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Orezone Stock Analysis
When running Orezone Gold's price analysis, check to measure Orezone Gold'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 Orezone Gold is operating at the current time. Most of Orezone Gold's value examination focuses on studying past and present price action to predict the probability of Orezone Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orezone Gold's price. Additionally, you may evaluate how the addition of Orezone Gold to your portfolios can decrease your overall portfolio volatility.