Orion Oyj (Finland) Price on December 12, 2024
ORNAV Stock | EUR 41.80 0.30 0.71% |
If you're considering investing in Orion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orion Oyj stands at 41.80, as last reported on the 14th of December 2024, with the highest price reaching 42.40 and the lowest price hitting 41.65 during the day. Orion Oyj A maintains Sharpe Ratio (i.e., Efficiency) of -0.0901, which implies the firm had a -0.0901% return per unit of risk over the last 3 months. Orion Oyj A exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orion Oyj's Variance of 2.21, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,133) to confirm the risk estimate we provide.
Orion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orion |
Sharpe Ratio = -0.0901
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Estimated Market Risk
1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orion Oyj 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 Orion Oyj by adding Orion Oyj to a well-diversified portfolio.
Orion Oyj Valuation on December 12, 2024
It is possible to determine the worth of Orion Oyj on a given historical date. On December 12, 2024 Orion was worth 42.95 at the beginning of the trading date compared to the closed value of 42.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orion Oyj stock. Still, in general, we apply an absolute valuation method to find Orion Oyj'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 Orion Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orion Oyj's related companies.
Open | High | Low | Close | Volume | |
41.70 | 43.40 | 41.70 | 42.90 | 2,208 | |
12/12/2024 | 42.95 | 42.95 | 42.10 | 42.10 | 2,725 |
42.25 | 42.40 | 41.65 | 41.80 | 8,496 |
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Orion Oyj Trading Date Momentum on December 12, 2024
On December 13 2024 Orion Oyj A was traded for 41.80 at the closing time. The highest price during the trading period was 42.40 and the lowest recorded bid was listed for 41.65 . The volume for the day was 8.5 K. This history from December 13, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.71% . The trading delta at closing time to the current price is 0.36% . |
Orion Oyj A Fundamentals Correlations and Trends
By evaluating Orion Oyj'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 Orion Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orion Oyj Stock history
Orion Oyj 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 Orion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orion Oyj A 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 Orion Oyj stock prices may prove useful in developing a viable investing in Orion Oyj
Orion Oyj engages in the development and manufacture of pharmaceuticals, active pharmaceutical ingredients , and diagnostic tests worldwide. The company was founded in 1917 and is headquartered in Espoo, Finland. Orion A is traded on Helsinki Exchange in Finland.
Orion Oyj Stock Technical Analysis
Orion Oyj 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
Orion Oyj Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Orion Oyj A cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki 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.
Orion Oyj December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Orion Oyj stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orion Oyj shares will generate the highest return on investment. By undertsting and applying Orion Oyj stock market strength indicators, traders can identify Orion Oyj A entry and exit signals to maximize returns
Orion Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orion Oyj's price direction in advance. Along with the technical and fundamental analysis of Orion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orion 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 | (0.06) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | (0.37) |
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Complementary Tools for Orion Stock analysis
When running Orion Oyj's price analysis, check to measure Orion Oyj'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 Orion Oyj is operating at the current time. Most of Orion Oyj's value examination focuses on studying past and present price action to predict the probability of Orion Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orion Oyj's price. Additionally, you may evaluate how the addition of Orion Oyj to your portfolios can decrease your overall portfolio volatility.
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