Orissa Minerals (India) Price on November 19, 2024

ORISSAMINE   7,247  152.65  2.06%   
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 7,247, as last reported on the 24th of December, with the highest price reaching 7,455 and the lowest price hitting 7,200 during the day.
200 Day MA
7.4 K
50 Day MA
7.9 K
Beta
0.965
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 -0.16, which implies the firm had a -0.16% return per unit of risk over the last 3 months. Orissa Minerals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orissa Minerals' Variance of 4.01, coefficient of variation of (565.98), and Market Risk Adjusted Performance of (0.46) to confirm the risk estimate we provide.
  
As of the 24th 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.

Sharpe Ratio = -0.1619

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Estimated Market Risk

 1.99
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.32
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  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
46.879
Shares Float
2.8 M
Wall Street Target Price
63 K

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Orissa Minerals Valuation on November 19, 2024

It is possible to determine the worth of Orissa Minerals on a given historical date. On November 19, 2024 Orissa was worth 7500.0 at the beginning of the trading date compared to the closed value of 7497.8. 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
  7,446    7,550    7,400    7,452    8,699  
11/19/2024
  7,500    7,636    7,446    7,498    6,941  
  7,498    7,498    7,498    7,498    1.00  
Backtest Orissa Minerals  |  Orissa Minerals History  |  Orissa Minerals Valuation   PreviousNext  
Open Value
7500.0
7497.8
Closing Value
7,506
Upside

Orissa Minerals Trading Date Momentum on November 19, 2024

On November 20 2024 The Orissa Minerals was traded for  7,498  at the closing time. The highest price during the trading period was 7,498  and the lowest recorded bid was listed for  7,498 . There was no trading activity during the period 1.0. Lack of trading volume on November 20, 2024 did not result in any price rise and fall. The trading price change to the current price is 3.15% .

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 ReportedProjected for Next Year
Common Stock Shares OutstandingM4.8 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.
A focus of Orissa Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Orissa Minerals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Orissa Minerals Period Price Range

Low
December 24, 2024
0.00  NaN%
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 24, 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.

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.