ORMONDE MINING (Germany) Performance
| ORQ1 Stock | 0 0.0005 50.00% |
ORMONDE MINING holds a performance score of 13 on a scale of zero to a hundred. The company holds a Beta of 0.69, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ORMONDE MINING's returns are expected to increase less than the market. However, during the bear market, the loss of holding ORMONDE MINING is expected to be smaller as well. Use ORMONDE MINING jensen alpha, potential upside, kurtosis, as well as the relationship between the total risk alpha and skewness , to analyze future returns on ORMONDE MINING.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in ORMONDE MINING EO 01 are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, ORMONDE MINING reported solid returns over the last few months and may actually be approaching a breakup point. ...more
ORMONDE |
ORMONDE MINING Relative Risk vs. Return Landscape
If you would invest 0.05 in ORMONDE MINING EO 01 on November 3, 2024 and sell it today you would earn a total of 0.10 from holding ORMONDE MINING EO 01 or generate 200.0% return on investment over 90 days. ORMONDE MINING EO 01 is generating 4.1667% of daily returns assuming 24.8584% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than ORMONDE on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ORMONDE MINING Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ORMONDE MINING's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ORMONDE MINING EO 01, and traders can use it to determine the average amount a ORMONDE MINING's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1676
| Best Portfolio | Best Equity | ORQ1 | ||
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Estimated Market Risk
| 24.86 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.17 actual daily | 83 83% of assets have lower returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average ORMONDE MINING is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ORMONDE MINING by adding it to a well-diversified portfolio.
Things to note about ORMONDE MINING EO performance evaluation
Checking the ongoing alerts about ORMONDE MINING for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ORMONDE MINING EO help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ORMONDE MINING EO is way too risky over 90 days horizon | |
| ORMONDE MINING EO has some characteristics of a very speculative penny stock | |
| ORMONDE MINING EO appears to be risky and price may revert if volatility continues |
- Analyzing ORMONDE MINING's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ORMONDE MINING's stock is overvalued or undervalued compared to its peers.
- Examining ORMONDE MINING's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ORMONDE MINING's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ORMONDE MINING's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ORMONDE MINING's stock. These opinions can provide insight into ORMONDE MINING's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for ORMONDE Stock analysis
When running ORMONDE MINING's price analysis, check to measure ORMONDE MINING'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 ORMONDE MINING is operating at the current time. Most of ORMONDE MINING's value examination focuses on studying past and present price action to predict the probability of ORMONDE MINING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ORMONDE MINING's price. Additionally, you may evaluate how the addition of ORMONDE MINING to your portfolios can decrease your overall portfolio volatility.
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