Ormonde Mining PLC Performance
Ormonde Mining Relative Risk vs. Return Landscape
If you would invest (100.00) in Ormonde Mining PLC on September 1, 2024 and sell it today you would earn a total of 100.00 from holding Ormonde Mining PLC or generate -100.0% return on investment over 90 days. Ormonde Mining PLC is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Ormonde, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. 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 PLC, 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 = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| ORQ1 |
Based on monthly moving average Ormonde Mining is not performing at its full potential. However, 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 Ormonde Mining to a well-diversified portfolio.
Things to note about Ormonde Mining PLC 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 PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ormonde Mining PLC is not yet fully synchronised with the market data | |
| Ormonde Mining PLC has some characteristics of a very speculative penny stock |
- 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.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in Ormonde Stock
If you are still planning to invest in Ormonde Mining PLC check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ormonde Mining's history and understand the potential risks before investing.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |