Orient Overseas (Germany) Market Value
| ORI1 Stock | EUR 11.90 0.01 0.08% |
| Symbol | Orient |
Orient Overseas '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 Orient Overseas' 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 Orient Overseas.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Orient Overseas on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Orient Overseas Limited or generate 0.0% return on investment in Orient Overseas over 30 days. Orient Overseas is related to or competes with Cal-Maine Foods, STMicroelectronics, KIMBALL ELECTRONICS, Arrow Electronics, and CAL-MAINE FOODS. Orient Overseas Limited, an investment holding company, provides container transport and logistics services in Asia, Eur... More
Orient Overseas 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 Orient Overseas' 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 Orient Overseas Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.57 | |||
| Information Ratio | 0.1064 | |||
| Maximum Drawdown | 66.12 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 4.47 |
Orient Overseas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orient Overseas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orient Overseas' standard deviation. In reality, there are many statistical measures that can use Orient Overseas historical prices to predict the future Orient Overseas' volatility.| Risk Adjusted Performance | 0.1044 | |||
| Jensen Alpha | 0.8536 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.3093 | |||
| Treynor Ratio | 1.69 |
Orient Overseas Backtested Returns
Orient Overseas appears to be slightly risky, given 3 months investment horizon. Orient Overseas 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 Orient Overseas' technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please evaluate Orient Overseas' Risk Adjusted Performance of 0.1044, coefficient of variation of 800.93, and Semi Deviation of 1.98 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Orient Overseas holds a performance score of 9. The company holds a Beta of 0.55, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Orient Overseas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Orient Overseas is expected to be smaller as well. Please check Orient Overseas' coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to make a quick decision on whether Orient Overseas' historical price patterns will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Orient Overseas Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between Orient Overseas time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Orient Overseas price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Orient Overseas price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Orient Overseas lagged returns against current returns
Autocorrelation, which is Orient Overseas 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 Orient Overseas' stock expected returns. We can calculate the autocorrelation of Orient Overseas returns to help us make a trade decision. For example, suppose you find that Orient Overseas 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 |
Orient Overseas 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 Orient Overseas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orient Overseas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orient Overseas stock over time.
Current vs Lagged Prices |
| Timeline |
Orient Overseas Lagged Returns
When evaluating Orient Overseas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orient Overseas stock have on its future price. Orient Overseas 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, Orient Overseas autocorrelation shows the relationship between Orient Overseas stock current value and its past values and can show if there is a momentum factor associated with investing in Orient Overseas Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Orient Stock
Orient Overseas financial ratios help investors to determine whether Orient Stock 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 Orient with respect to the benefits of owning Orient Overseas security.