Orient Technologies (India) Price on November 8, 2024
| ORIENTTECH | 428.10 12.00 2.88% |
If you're considering investing in Orient Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orient Technologies stands at 428.10, as last reported on the 15th of December 2024, with the highest price reaching 432.40 and the lowest price hitting 412.20 during the day. Orient Technologies appears to be very steady, given 3 months investment horizon. Orient Technologies 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. By analyzing Orient Technologies' technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please evaluate Orient Technologies' Coefficient Of Variation of 693.83, semi deviation of 2.48, and Risk Adjusted Performance of 0.1127 to confirm if our risk estimates are consistent with your expectations.
Orient Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orient |
Sharpe Ratio = 0.1385
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Estimated Market Risk
| 4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Orient Technologies is performing at about 10% 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 Orient Technologies by adding it to a well-diversified portfolio.
Price Book 6.885 | Book Value 48.946 | Enterprise Value 11.6 B | Enterprise Value Ebitda 19.3887 | Price Sales 1.82 |
Orient Technologies Valuation on November 8, 2024
It is possible to determine the worth of Orient Technologies on a given historical date. On November 8, 2024 Orient was worth 380.91 at the beginning of the trading date compared to the closed value of 386.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orient Technologies stock. Still, in general, we apply an absolute valuation method to find Orient Technologies' 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 Orient Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orient Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 393.51 | 401.73 | 374.14 | 377.17 | 1,295,755 | |
11/08/2024 | 380.91 | 398.09 | 366.61 | 386.94 | 1,037,461 |
| 400.83 | 400.83 | 370.05 | 387.78 | 1,009,498 |
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Orient Technologies Trading Date Momentum on November 8, 2024
| On November 11 2024 Orient Technologies Limited was traded for 387.78 at the closing time. The highest price during the trading period was 400.83 and the lowest recorded bid was listed for 370.05 . The volume for the day was 1 M. This history from November 11, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.22% . The trading delta at closing time to the current price is 6.32% . |
Orient Technologies Fundamentals Correlations and Trends
By evaluating Orient Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Orient Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orient financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orient Technologies Stock history
Orient Technologies 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 Orient is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orient Technologies 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 Orient Technologies stock prices may prove useful in developing a viable investing in Orient Technologies
Orient Technologies Stock Technical Analysis
Orient Technologies 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
Orient Technologies Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
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Orient Technologies December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Orient Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orient Technologies shares will generate the highest return on investment. By undertsting and applying Orient Technologies stock market strength indicators, traders can identify Orient Technologies Limited entry and exit signals to maximize returns
Orient Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orient Technologies' price direction in advance. Along with the technical and fundamental analysis of Orient Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orient 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 | 0.1127 | |||
| Jensen Alpha | 0.4967 | |||
| Total Risk Alpha | 0.0694 | |||
| Sortino Ratio | 0.1614 | |||
| Treynor Ratio | 0.7334 |
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Additional Tools for Orient Stock Analysis
When running Orient Technologies' price analysis, check to measure Orient Technologies' 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 Orient Technologies is operating at the current time. Most of Orient Technologies' value examination focuses on studying past and present price action to predict the probability of Orient Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orient Technologies' price. Additionally, you may evaluate how the addition of Orient Technologies to your portfolios can decrease your overall portfolio volatility.