Orissa Minerals (India) Price on September 26, 2024
| ORISSAMINE | 7,399 4.45 0.06% |
Below is the normalized historical share price chart for The Orissa Minerals extending back to September 29, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Orissa Minerals stands at 7,399, as last reported on the 22nd of December, with the highest price reaching 7,523 and the lowest price hitting 7,350 during the day.
If you're considering investing in Orissa Stock, it is important to understand the factors that can impact its price. Orissa Minerals 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. Orissa Minerals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orissa Minerals' Market Risk Adjusted Performance of (0.37), variance of 4.06, and Coefficient Of Variation of (697.00) to confirm the risk estimate we provide.
As of the 22nd of December 2024, Liabilities And Stockholders Equity is likely to grow to about 6.4 B, though Total Stockholder Equity is likely to grow to (101.9 M). . Orissa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.4 K | 50 Day MA 7.9 K | Beta 0.965 |
Orissa |
Sharpe Ratio = -0.1656
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Estimated Market Risk
| 2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orissa Minerals 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 Orissa Minerals by adding Orissa Minerals to a well-diversified portfolio.
Price Book 450.5524 | Enterprise Value Ebitda 147.2616 | Price Sales 47.8664 | Shares Float 2.8 M | Wall Street Target Price 63 K |
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Orissa Minerals Valuation on September 26, 2024
It is possible to determine the worth of Orissa Minerals on a given historical date. On September 26, 2024 Orissa was worth 9027.25 at the beginning of the trading date compared to the closed value of 8871.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orissa Minerals stock. Still, in general, we apply an absolute valuation method to find Orissa Minerals' 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 Orissa Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orissa Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 8,950 | 9,120 | 8,886 | 8,962 | 29,598 | |
09/26/2024 | 9,027 | 9,049 | 8,751 | 8,871 | 24,656 |
| 8,875 | 8,995 | 8,700 | 8,720 | 15,143 |
| Backtest Orissa Minerals | | | Orissa Minerals History | | | Orissa Minerals Valuation | Previous | Next |
Orissa Minerals Trading Date Momentum on September 26, 2024
| On September 27 2024 The Orissa Minerals was traded for 8,720 at the closing time. The highest price during the trading period was 8,995 and the lowest recorded bid was listed for 8,700 . The volume for the day was 15.1 K. This history from September 27, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.70% . The trading price change to the current price is 4.63% . |
Orissa Minerals Fundamentals Correlations and Trends
By evaluating Orissa Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Orissa Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orissa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orissa Minerals Stock history
Orissa Minerals 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 Orissa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orissa Minerals 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 Orissa Minerals stock prices may prove useful in developing a viable investing in Orissa Minerals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6 M | 4.8 M | |
| Net Loss | -148.9 M | -156.3 M |
Orissa Minerals Stock Technical Analysis
Orissa Minerals 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
Orissa Minerals Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
The Orissa Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Orissa Minerals December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Orissa Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orissa Minerals shares will generate the highest return on investment. By undertsting and applying Orissa Minerals stock market strength indicators, traders can identify The Orissa Minerals entry and exit signals to maximize returns
Orissa Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orissa Minerals' price direction in advance. Along with the technical and fundamental analysis of Orissa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orissa 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 | (0.11) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.38) |
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Other Information on Investing in Orissa Stock
Orissa Minerals financial ratios help investors to determine whether Orissa Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Orissa with respect to the benefits of owning Orissa Minerals security.