Orient Rental (Pakistan) Price History

ORM Stock   7.53  0.35  4.44%   
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 Rental stands at 7.53, as last reported on the 1st of December, with the highest price reaching 7.89 and the lowest price hitting 7.11 during the day. Orient Rental appears to be slightly risky, given 3 months investment horizon. Orient Rental Modaraba maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Orient Rental Modaraba, which you can use to evaluate the volatility of the company. Please evaluate Orient Rental's Coefficient Of Variation of 759.46, risk adjusted performance of 0.1082, and Semi Deviation of 2.2 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.

Sharpe Ratio = 0.149

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Estimated Market Risk

 3.2
  actual daily
28
72% of assets are more volatile

Expected Return

 0.48
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Orient Rental is performing at about 11% 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 Rental by adding it to a well-diversified portfolio.

Orient Rental Stock Price History Chart

There are several ways to analyze Orient Stock price data. The simplest method is using a basic Orient candlestick price chart, which shows Orient Rental price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 14, 20247.98
Lowest PriceSeptember 4, 20245.83

Orient Rental December 1, 2024 Stock Price Synopsis

Various analyses of Orient Rental's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Orient Stock. It can be used to describe the percentage change in the price of Orient Rental from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Orient Stock.
Orient Rental Price Rate Of Daily Change 0.96 
Orient Rental Price Daily Balance Of Power(0.45)
Orient Rental Price Action Indicator(0.14)

Orient Rental December 1, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Orient Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Orient Rental intraday prices and daily technical indicators to check the level of noise trading in Orient Stock and then apply it to test your longer-term investment strategies against Orient.

Orient Stock Price History Data

The price series of Orient Rental for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 2.2 with a coefficient of variation of 9.91. The daily prices for the period are spread out with arithmetic mean of 6.95. The median price for the last 90 days is 7.07.
OpenHighLowCloseVolume
12/01/2024
 7.89  7.89  7.11  7.53 
11/29/2024 7.89  7.89  7.11  7.53  1,679 
11/28/2024 7.88  7.89  7.70  7.88  4,696 
11/27/2024 7.71  7.98  7.07  7.21  408.00 
11/26/2024 7.20  7.71  7.20  7.21  13,337 
11/25/2024 7.98  7.99  7.75  7.79  5,420 
11/22/2024 8.13  8.13  7.84  7.85  2,511 
11/21/2024 7.98  7.98  7.78  7.79  13,570 
11/20/2024 7.75  7.85  7.12  7.69  6,501 
11/19/2024 8.00  8.00  7.71  7.78  1,222 
11/18/2024 7.76  7.76  7.60  7.71  3,943 
11/15/2024 7.90  7.90  7.90  7.90  556.00 
11/14/2024 7.98  7.99  7.50  7.98  7,956 
11/13/2024 7.70  7.70  7.65  7.65  20,256 
11/12/2024 7.70  7.70  7.35  7.70  10,420 
11/11/2024 7.35  7.99  7.35  7.60  427.00 
11/08/2024 7.60  7.65  7.60  7.60  4,552 
11/07/2024 7.99  7.99  7.28  7.39  2,627 
11/06/2024 7.35  7.85  7.33  7.85  7,000 
11/05/2024 7.98  7.98  7.35  7.35  10.00 
11/04/2024 7.50  7.50  7.35  7.35  8,126 
11/01/2024 7.02  7.49  7.01  7.49  5,517 
10/31/2024 7.40  7.49  7.30  7.37  2,492 
10/30/2024 7.30  7.49  7.30  7.42  5,331 
10/29/2024 7.49  7.49  7.11  7.35  73,519 
10/28/2024 7.50  7.50  7.42  7.42  34,606 
10/25/2024 7.39  7.39  7.38  7.39  54,725 
10/24/2024 7.39  7.39  7.34  7.39  6.00 
10/23/2024 7.39  7.39  7.39  7.39  46,408 
10/22/2024 7.23  7.23  7.23  7.23  500.00 
10/18/2024 7.10  7.20  7.10  7.20  5,300 
10/17/2024 7.30  7.30  7.07  7.07  2,266 
10/16/2024 7.49  7.49  7.05  7.06  5,479 
10/15/2024 7.14  7.14  6.80  6.83  14,953 
10/14/2024 7.14  7.14  6.97  7.12  8,310 
10/11/2024 6.80  7.13  6.80  6.80  3,466 
10/10/2024 7.14  7.21  7.04  7.04  11,894 
10/09/2024 7.22  7.22  6.98  6.98  3,381 
10/08/2024 6.81  6.93  6.81  6.93  1,272 
10/07/2024 6.80  7.22  6.80  6.85  46,031 
10/04/2024 6.71  7.02  6.52  6.72  2,238 
10/03/2024 6.80  6.80  6.80  6.80  5,036 
10/02/2024 6.75  6.85  6.75  6.75  11,477 
10/01/2024 7.21  7.21  6.75  6.75  40,960 
09/30/2024 6.93  6.93  6.74  6.80  110,608 
09/27/2024 7.06  7.21  7.05  7.05  846.00 
09/26/2024 7.65  7.65  6.89  6.90  7,171 
09/25/2024 6.95  7.22  6.80  7.10  4,687 
09/24/2024 7.19  7.19  6.80  6.98  16,458 
09/23/2024 7.19  7.40  6.79  6.93  235,093 
09/20/2024 5.95  6.79  5.94  6.79  711,708 
09/19/2024 5.95  5.95  5.87  5.94  5,682 
09/18/2024 5.95  5.95  5.95  5.95  295.00 
09/16/2024 5.95  5.95  5.94  5.95  17.00 
09/13/2024 5.97  5.97  5.95  5.95  29,775 
09/12/2024 5.95  5.95  5.87  5.87  530.00 
09/11/2024 5.92  5.95  5.87  5.95  31,502 
09/10/2024 5.72  5.95  5.72  5.95  5,087 
09/05/2024 5.71  5.83  5.71  5.83  33.00 
09/04/2024 5.83  5.91  5.83  5.83  505.00 
08/30/2024 5.84  5.84  5.84  5.84  5,000 

About Orient Rental Stock history

Orient Rental 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 Rental Modaraba 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 Rental stock prices may prove useful in developing a viable investing in Orient Rental

Orient Rental Stock Technical Analysis

Orient Rental 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 Orient Rental technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Orient Rental 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...

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Orient Rental Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Orient Rental's 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.

Additional Tools for Orient Stock Analysis

When running Orient Rental's price analysis, check to measure Orient Rental'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 Orient Rental is operating at the current time. Most of Orient Rental's value examination focuses on studying past and present price action to predict the probability of Orient Rental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orient Rental's price. Additionally, you may evaluate how the addition of Orient Rental to your portfolios can decrease your overall portfolio volatility.