Orsted AS (Germany) Price on August 30, 2023
D2G Stock | EUR 46.34 0.79 1.68% |
If you're considering investing in Orsted Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orsted AS stands at 46.34, as last reported on the 15th of December 2024, with the highest price reaching 47.66 and the lowest price hitting 46.34 during the day. Orsted AS maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. Orsted AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orsted AS's Coefficient Of Variation of (682.97), variance of 5.57, and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide.
Orsted Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orsted |
Sharpe Ratio = -0.1438
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | D2G |
Estimated Market Risk
2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orsted AS 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 Orsted AS by adding Orsted AS to a well-diversified portfolio.
Orsted AS Valuation on August 30, 2023
It is possible to determine the worth of Orsted AS on a given historical date. On August 30, 2023 Orsted was worth 71.66 at the beginning of the trading date compared to the closed value of 56.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orsted AS stock. Still, in general, we apply an absolute valuation method to find Orsted AS'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 Orsted AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orsted AS's related companies.
Open | High | Low | Close | Volume | |
74.42 | 75.08 | 74.40 | 75.08 | 141.00 | |
08/30/2023 | 71.66 | 71.66 | 56.26 | 56.26 | 7,211 |
56.48 | 59.82 | 55.12 | 59.58 | 5,050 |
Backtest Orsted AS | | | Orsted AS History | | | Orsted AS Valuation | Previous | Next |
Orsted AS Trading Date Momentum on August 30, 2023
On August 31 2023 Orsted AS was traded for 59.58 at the closing time. The highest daily price throughout the period was 59.82 and the lowest price was 55.12 . The daily volume was 5 K. The net trading volume on 08/31/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 5.90% . The trading delta at closing time to current closing price is 8.18% . |
Orsted AS Fundamentals Correlations and Trends
By evaluating Orsted AS'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 Orsted AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orsted financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orsted AS Stock history
Orsted AS 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 Orsted is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orsted AS 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 Orsted AS stock prices may prove useful in developing a viable investing in Orsted AS
rsted AS, together with its subsidiaries, develops, constructs, and operates offshore wind farms, bioenergy plants, and waste-to-energy solutions. rsted AS was founded in 1972 and is based in Fredericia, Denmark. ORSTED AS operates under Utilities - Independent Power Producers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6176 people.
Orsted AS Stock Technical Analysis
Orsted AS 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
Orsted AS Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Orsted AS cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Orsted AS December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Orsted AS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orsted AS shares will generate the highest return on investment. By undertsting and applying Orsted AS stock market strength indicators, traders can identify Orsted AS entry and exit signals to maximize returns
Orsted AS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orsted AS's price direction in advance. Along with the technical and fundamental analysis of Orsted Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orsted 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 | (0.1) | |||
Jensen Alpha | (0.34) | |||
Total Risk Alpha | (0.65) | |||
Treynor Ratio | 2.25 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Orsted Stock analysis
When running Orsted AS's price analysis, check to measure Orsted AS'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 Orsted AS is operating at the current time. Most of Orsted AS's value examination focuses on studying past and present price action to predict the probability of Orsted AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orsted AS's price. Additionally, you may evaluate how the addition of Orsted AS to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |