Orinko Advanced (China) Price on February 26, 2024
| 688219 Stock | 9.93 0.57 6.09% |
If you're considering investing in Orinko Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orinko Advanced stands at 9.93, as last reported on the 3rd of December, with the highest price reaching 10.13 and the lowest price hitting 9.45 during the day. Orinko Advanced appears to be slightly risky, given 3 months investment horizon. Orinko Advanced Plastics maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. By analyzing Orinko Advanced's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please evaluate Orinko Advanced's Risk Adjusted Performance of 0.1349, coefficient of variation of 601.12, and Semi Deviation of 2.56 to confirm if our risk estimates are consistent with your expectations.
At present, Orinko Advanced's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 495.1 M, whereas Total Stockholder Equity is forecasted to decline to about 1.8 B. . Orinko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orinko |
Sharpe Ratio = 0.1748
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688219 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.71 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Orinko Advanced 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 Orinko Advanced by adding it to a well-diversified portfolio.
Price Book 2.1056 | Enterprise Value 5.6 B | Enterprise Value Ebitda 20.227 | Price Sales 0.7177 | Enterprise Value Revenue 0.9775 |
Orinko Advanced Valuation on February 26, 2024
It is possible to determine the worth of Orinko Advanced on a given historical date. On February 26, 2024 Orinko was worth 8.38 at the beginning of the trading date compared to the closed value of 8.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orinko Advanced stock. Still, in general, we apply an absolute valuation method to find Orinko Advanced's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Orinko Advanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orinko Advanced's related companies.
| Open | High | Low | Close | Volume | |
| 8.05 | 8.45 | 8.01 | 8.33 | 3,277,218 | |
02/26/2024 | 8.38 | 8.68 | 8.33 | 8.49 | 3,734,091 |
| 8.42 | 8.81 | 8.33 | 8.80 | 3,610,141 |
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Orinko Advanced Trading Date Momentum on February 26, 2024
| On February 27 2024 Orinko Advanced Plastics was traded for 8.80 at the closing time. The highest price during the trading period was 8.81 and the lowest recorded bid was listed for 8.33 . The volume for the day was 3.6 M. This history from February 27, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.65% . The trading delta at closing time to the current price is 3.53% . |
Orinko Advanced Plastics Fundamentals Correlations and Trends
By evaluating Orinko Advanced's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Orinko Advanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orinko financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orinko Advanced Stock history
Orinko Advanced investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Orinko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orinko Advanced Plastics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Orinko Advanced stock prices may prove useful in developing a viable investing in Orinko Advanced
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 459.3 M | 495.1 M |
Orinko Advanced Stock Technical Analysis
Orinko Advanced 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.
Price Boundaries
Orinko Advanced Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Orinko Advanced Plastics cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Orinko Advanced December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Orinko Advanced stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orinko Advanced shares will generate the highest return on investment. By undertsting and applying Orinko Advanced stock market strength indicators, traders can identify Orinko Advanced Plastics entry and exit signals to maximize returns
Orinko Advanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orinko Advanced's price direction in advance. Along with the technical and fundamental analysis of Orinko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orinko to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1349 | |||
| Jensen Alpha | 0.6041 | |||
| Total Risk Alpha | 0.0489 | |||
| Sortino Ratio | 0.1504 | |||
| Treynor Ratio | (2.16) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Orinko Stock analysis
When running Orinko Advanced's price analysis, check to measure Orinko Advanced'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 Orinko Advanced is operating at the current time. Most of Orinko Advanced's value examination focuses on studying past and present price action to predict the probability of Orinko Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orinko Advanced's price. Additionally, you may evaluate how the addition of Orinko Advanced to your portfolios can decrease your overall portfolio volatility.
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