Orange Sa Adr Stock Market Value
| ORAN Stock | USD 10.68 0.17 1.62% |
| Symbol | Orange |
Orange SA ADR Price To Book Ratio
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Orange SA. If investors know Orange will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Orange SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 0.72 | Earnings Share 0.84 | Revenue Per Share 16.714 | Quarterly Revenue Growth 0.025 |
The market value of Orange SA ADR is measured differently than its book value, which is the value of Orange that is recorded on the company's balance sheet. Investors also form their own opinion of Orange SA's value that differs from its market value or its book value, called intrinsic value, which is Orange SA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Orange SA's market value can be influenced by many factors that don't directly affect Orange SA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orange SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orange SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orange SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Orange SA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Orange SA's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Orange SA.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Orange SA on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Orange SA ADR or generate 0.0% return on investment in Orange SA over 540 days. Orange SA is related to or competes with Telefonica Brasil, Vodafone Group, Grupo Televisa, America Movil, Telefonica, SK Telecom, and KT. Orange S.A. provides various fixed telephony and mobile telecommunications, data transmission, and other value-added ser... More
Orange SA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Orange SA's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Orange SA ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 5.67 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 1.62 |
Orange SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orange SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orange SA's standard deviation. In reality, there are many statistical measures that can use Orange SA historical prices to predict the future Orange SA's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.4759 |
Orange SA ADR Backtested Returns
Orange SA ADR maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Orange SA ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orange SA's Coefficient Of Variation of (960.20), variance of 1.25, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The company holds a Beta of -0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Orange SA are expected to decrease at a much lower rate. During the bear market, Orange SA is likely to outperform the market. At this point, Orange SA ADR has a negative expected return of -0.14%. Please make sure to check Orange SA's total risk alpha, as well as the relationship between the skewness and day median price , to decide if Orange SA ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
Orange SA ADR has very weak predictability. Overlapping area represents the amount of predictability between Orange SA time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Orange SA ADR price movement. The serial correlation of 0.17 indicates that over 17.0% of current Orange SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Orange SA ADR lagged returns against current returns
Autocorrelation, which is Orange SA stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Orange SA's stock expected returns. We can calculate the autocorrelation of Orange SA returns to help us make a trade decision. For example, suppose you find that Orange SA has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Orange SA regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Orange SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orange SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orange SA stock over time.
Current vs Lagged Prices |
| Timeline |
Orange SA Lagged Returns
When evaluating Orange SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orange SA stock have on its future price. Orange SA autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Orange SA autocorrelation shows the relationship between Orange SA stock current value and its past values and can show if there is a momentum factor associated with investing in Orange SA ADR.
Regressed Prices |
| Timeline |
Pair Trading with Orange SA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Orange SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Orange SA will appreciate offsetting losses from the drop in the long position's value.Moving together with Orange Stock
Moving against Orange Stock
| 0.86 | IDT | IDT Corporation Earnings Call This Week | PairCorr |
| 0.8 | TDS | Telephone and Data | PairCorr |
| 0.76 | VEON | VEON | PairCorr |
| 0.76 | USM | United States Cellular | PairCorr |
| 0.71 | TEO | Telecom Argentina | PairCorr |
The ability to find closely correlated positions to Orange SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orange SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Orange SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Orange SA ADR to buy it.
The correlation of Orange SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Orange SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orange SA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Orange SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Orange SA Correlation, Orange SA Volatility and Orange SA Alpha and Beta module to complement your research on Orange SA. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Orange SA 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.