Orbit Garant Drilling Stock Alpha and Beta Analysis
| OGD Stock | CAD 0.87 0.02 2.35% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Orbit Garant Drilling. It also helps investors analyze the systematic and unsystematic risks associated with investing in Orbit Garant over a specified time horizon. Remember, high Orbit Garant's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Orbit Garant's market risk premium analysis include:
Beta (0.36) | Alpha 0.38 | Risk 4.62 | Sharpe Ratio 0.13 | Expected Return 0.6 |
Orbit Garant Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Orbit |
Orbit Garant Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Orbit Garant market risk premium is the additional return an investor will receive from holding Orbit Garant long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Orbit Garant. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Orbit Garant's performance over market.| α | 0.38 | β | -0.36 |
Orbit Garant expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Orbit Garant's Buy-and-hold return. Our buy-and-hold chart shows how Orbit Garant performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Orbit Garant Market Price Analysis
Market price analysis indicators help investors to evaluate how Orbit Garant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orbit Garant shares will generate the highest return on investment. By understating and applying Orbit Garant stock market price indicators, traders can identify Orbit Garant position entry and exit signals to maximize returns.
Orbit Garant Return and Market Media
The median price of Orbit Garant for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 0.64 with a coefficient of variation of 16.59. The daily time series for the period is distributed with a sample standard deviation of 0.11, arithmetic mean of 0.67, and mean deviation of 0.09. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | ORBIT GARANT REPORTS ITS HIGHEST QUARTERLY NET EARNINGS IN FOUR YEARS IN FISCAL 2025 FIRST QUARTER RESULTS - Barchart | 11/13/2024 |
2 | Orbit Garant Drilling Inc. Reports Earnings Results for the First Quarter Ended September 30, 2024 - Marketscreener.com | 11/22/2024 |
About Orbit Garant Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Orbit or other stocks. Alpha measures the amount that position in Orbit Garant Drilling has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 (projected) | Days Sales Outstanding | 74.81 | 56.51 | 57.6 | PTB Ratio | 0.39 | 0.52 | 0.41 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Orbit Garant in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Orbit Garant's short interest history, or implied volatility extrapolated from Orbit Garant options trading.
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Other Information on Investing in Orbit Stock
Orbit Garant financial ratios help investors to determine whether Orbit 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 Orbit with respect to the benefits of owning Orbit Garant security.