Orla Mining Stock Alpha and Beta Analysis
| ORLA Stock | USD 4.59 0.01 0.22% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Orla Mining. It also helps investors analyze the systematic and unsystematic risks associated with investing in Orla Mining over a specified time horizon. Remember, high Orla Mining'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 Orla Mining's market risk premium analysis include:
Beta 0.14 | Alpha 0.17 | Risk 3.17 | Sharpe Ratio 0.0428 | Expected Return 0.14 |
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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.
Orla |
Orla Mining Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Orla Mining market risk premium is the additional return an investor will receive from holding Orla Mining 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 Orla Mining. 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 Orla Mining's performance over market.| α | 0.17 | β | 0.14 |
Orla Mining 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 Orla Mining's Buy-and-hold return. Our buy-and-hold chart shows how Orla Mining performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Orla Mining Market Price Analysis
Market price analysis indicators help investors to evaluate how Orla Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orla Mining shares will generate the highest return on investment. By understating and applying Orla Mining stock market price indicators, traders can identify Orla Mining position entry and exit signals to maximize returns.
Orla Mining Return and Market Media
The median price of Orla Mining for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 4.28 with a coefficient of variation of 8.04. The daily time series for the period is distributed with a sample standard deviation of 0.35, arithmetic mean of 4.38, and mean deviation of 0.3. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | ORLA Stock Earnings Orla Mining Beats EPS for Q4 2023 - MSN | 10/03/2024 |
2 | Orla Mining now debt-free after repaying revolving credit facility | 10/15/2024 |
3 | What Makes Orla Mining Ltd. a Strong Momentum Stock Buy Now | 10/18/2024 |
4 | Orla Mining Shares Gap Up Whats Next | 11/13/2024 |
5 | Orla Mining Shares Gap Up - Heres Why - MarketBeat | 11/19/2024 |
About Orla Mining 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 Orla or other stocks. Alpha measures the amount that position in Orla Mining 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.
| 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 17.05 | 24.92 | 23.67 | PTB Ratio | 2.91 | 2.53 | 2.41 |
Orla Mining Upcoming Company Events
As portrayed in its financial statements, the presentation of Orla Mining's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Orla Mining's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Orla Mining's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Orla Mining. Please utilize our Beneish M Score to check the likelihood of Orla Mining's management manipulating its earnings.
| 19th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 19th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Orla Mining
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Check out Orla Mining Backtesting, Orla Mining Valuation, Orla Mining Correlation, Orla Mining Hype Analysis, Orla Mining Volatility, Orla Mining History and analyze Orla Mining Performance. For information on how to trade Orla Stock refer to our How to Trade Orla Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.