ORN Financials
| ORN Crypto | USD 1.41 0.01 0.71% |
ORN |
Please note, the presentation of ORN's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ORN's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ORN's management manipulating its earnings.
ORN Crypto Summary
ORN competes with XRP, Solana, Staked Ether, Sui, and Toncoin. ORN is peer-to-peer digital currency powered by the Blockchain technology.| Exchange Type | CRYPTO Exchanges |
| Exchange | Others |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
ORN Systematic Risk
ORN's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ORN volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on ORN correlated with the market. If Beta is less than 0 ORN generally moves in the opposite direction as compared to the market. If ORN Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ORN is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ORN is generally in the same direction as the market. If Beta > 1 ORN moves generally in the same direction as, but more than the movement of the benchmark.
ORN November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ORN help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ORN. We use our internally-developed statistical techniques to arrive at the intrinsic value of ORN based on widely used predictive technical indicators. In general, we focus on analyzing ORN Crypto Coin price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ORN's daily price indicators and compare them against related drivers.
| Downside Deviation | 6.22 | |||
| Information Ratio | 0.0575 | |||
| Maximum Drawdown | 91.95 | |||
| Value At Risk | (8.60) | |||
| Potential Upside | 13.71 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ORN. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.