Orion Group Holdings Stock Technical Analysis
| ORN Stock | USD 8.72 0.05 0.57% |
As of the 1st of December, Orion Group holds the Risk Adjusted Performance of 0.0704, coefficient of variation of 1231.56, and Semi Deviation of 3.93. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Orion Group, as well as the relationship between them.
Orion Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Orion, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OrionOrion |
Orion Group Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 6.33 | Strong Buy | 2 | Odds |
Most Orion analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Orion stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Orion Group Holdings, talking to its executives and customers, or listening to Orion conference calls.
Orion Group 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.
Orion Group Holdings Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Orion Group Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Orion Group Holdings Trend Analysis
Use this graph to draw trend lines for Orion Group Holdings. You can use it to identify possible trend reversals for Orion Group as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Orion Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Orion Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Orion Group Holdings applied against its price change over selected period. The best fit line has a slop of 0.05 , which may imply that Orion Group Holdings will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 84.18, which is the sum of squared deviations for the predicted Orion Group price change compared to its average price change.About Orion Group Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Orion Group Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Orion Group Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Orion Group Holdings price pattern first instead of the macroeconomic environment surrounding Orion Group Holdings. By analyzing Orion Group's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Orion Group's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Orion Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | PTB Ratio | 1.32 | 1.77 | Dividend Yield | 0.13 | 0.11 |
Orion Group December 1, 2024 Technical Indicators
Most technical analysis of Orion help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Orion from various momentum indicators to cycle indicators. When you analyze Orion charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.0704 | |||
| Market Risk Adjusted Performance | 0.1942 | |||
| Mean Deviation | 3.3 | |||
| Semi Deviation | 3.93 | |||
| Downside Deviation | 4.29 | |||
| Coefficient Of Variation | 1231.56 | |||
| Standard Deviation | 4.62 | |||
| Variance | 21.38 | |||
| Information Ratio | 0.0514 | |||
| Jensen Alpha | 0.1123 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0554 | |||
| Treynor Ratio | 0.1842 | |||
| Maximum Drawdown | 20.99 | |||
| Value At Risk | (8.46) | |||
| Potential Upside | 6.81 | |||
| Downside Variance | 18.43 | |||
| Semi Variance | 15.41 | |||
| Expected Short fall | (3.77) | |||
| Skewness | 0.5229 | |||
| Kurtosis | 2.07 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Construction & Engineering 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 Orion Group. If investors know Orion 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 Orion Group 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 0.629 | Earnings Share (0.38) | Revenue Per Share 23.545 | Quarterly Revenue Growth 0.345 | Return On Assets 0.0087 |
The market value of Orion Group Holdings is measured differently than its book value, which is the value of Orion that is recorded on the company's balance sheet. Investors also form their own opinion of Orion Group's value that differs from its market value or its book value, called intrinsic value, which is Orion Group'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 Orion Group's market value can be influenced by many factors that don't directly affect Orion Group'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 Orion Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orion Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orion Group'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.