Orla Mining Stock Market Value
| ORLA Stock | USD 4.41 0.18 3.92% |
| Symbol | Orla |
Orla Mining Price To Book Ratio
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Orla Mining. If investors know Orla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Orla Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.507 | Revenue Per Share 0.991 | Quarterly Revenue Growth 0.647 | Return On Assets 0.0671 | Return On Equity 0.0095 |
The market value of Orla Mining is measured differently than its book value, which is the value of Orla that is recorded on the company's balance sheet. Investors also form their own opinion of Orla Mining's value that differs from its market value or its book value, called intrinsic value, which is Orla Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Orla Mining's market value can be influenced by many factors that don't directly affect Orla Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orla Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orla Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orla Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Orla Mining '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 Orla Mining'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 Orla Mining.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Orla Mining on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Orla Mining or generate 0.0% return on investment in Orla Mining over 510 days. Orla Mining is related to or competes with K92 Mining, Equinox Gold, Contango ORE, Sandstorm Gold, Franco Nevada, Royal Gold, and Alamos Gold. Orla Mining Ltd. acquires, explores for, and develops mineral properties More
Orla Mining 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 Orla Mining'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 Orla Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.16 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 18.89 | |||
| Value At Risk | (4.80) | |||
| Potential Upside | 5.58 |
Orla Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orla Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orla Mining's standard deviation. In reality, there are many statistical measures that can use Orla Mining historical prices to predict the future Orla Mining's volatility.| Risk Adjusted Performance | 0.0254 | |||
| Jensen Alpha | 0.0705 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (1.20) |
Orla Mining Backtested Returns
At this point, Orla Mining is relatively risky. Orla Mining maintains Sharpe Ratio (i.e., Efficiency) of 0.0372, which implies the firm had a 0.0372% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Orla Mining, which you can use to evaluate the volatility of the company. Please check Orla Mining's Risk Adjusted Performance of 0.0254, coefficient of variation of 4297.31, and Semi Deviation of 2.91 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Orla Mining has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of -0.0535, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Orla Mining are expected to decrease at a much lower rate. During the bear market, Orla Mining is likely to outperform the market. Orla Mining right now holds a risk of 3.22%. Please check Orla Mining total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Orla Mining will be following its historical price patterns.
Auto-correlation | -0.1 |
Very weak reverse predictability
Orla Mining has very weak reverse predictability. Overlapping area represents the amount of predictability between Orla Mining time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Orla Mining price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Orla Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Orla Mining lagged returns against current returns
Autocorrelation, which is Orla Mining 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 Orla Mining's stock expected returns. We can calculate the autocorrelation of Orla Mining returns to help us make a trade decision. For example, suppose you find that Orla Mining 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 |
Orla Mining 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 Orla Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orla Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orla Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Orla Mining Lagged Returns
When evaluating Orla Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orla Mining stock have on its future price. Orla Mining 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, Orla Mining autocorrelation shows the relationship between Orla Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Orla Mining.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Orla Mining offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orla Mining's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Orla Mining Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orla Mining Stock:Check out Orla Mining Correlation, Orla Mining Volatility and Orla Mining Alpha and Beta module to complement your research on Orla Mining. For information on how to trade Orla Stock refer to our How to Trade Orla Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Orla Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.