Orora (Australia) Price on October 14, 2024
| ORA Stock | 2.43 0.04 1.62% |
Below is the normalized historical share price chart for Orora extending back to December 18, 2013. 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 Orora stands at 2.43, as last reported on the 1st of December, with the highest price reaching 2.48 and the lowest price hitting 2.43 during the day.
If you're considering investing in Orora Stock, it is important to understand the factors that can impact its price. Orora maintains Sharpe Ratio (i.e., Efficiency) of -0.0087, which implies the firm had a -0.0087% return per unit of risk over the last 3 months. Orora exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orora's Risk Adjusted Performance of (0.01), variance of 2.37, and Coefficient Of Variation of (4,885) to confirm the risk estimate we provide.
At this time, Orora's Common Stock Total Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 1.3 B in 2024, whereas Other Stockholder Equity is likely to drop (11.6 M) in 2024. . Orora Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.3311 | 50 Day MA 2.5258 | Beta 0.558 |
Orora |
Sharpe Ratio = -0.0087
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ORA |
Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orora 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 Orora by adding Orora to a well-diversified portfolio.
Price Book 1.5608 | Enterprise Value Ebitda 9.5597 | Price Sales 0.7064 | Shares Float 1.3 B | Dividend Share 0.1 |
Orora Valuation on October 14, 2024
It is possible to determine the worth of Orora on a given historical date. On October 14, 2024 Orora was worth 2.61 at the beginning of the trading date compared to the closed value of 2.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orora stock. Still, in general, we apply an absolute valuation method to find Orora'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 Orora where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orora's related companies.
| Open | High | Low | Close | Volume | |
| 2.60 | 2.61 | 2.57 | 2.58 | 1,184,887 | |
10/14/2024 | 2.61 | 2.61 | 2.57 | 2.59 | 1,097,251 |
| 2.60 | 2.64 | 2.60 | 2.61 | 2,100,734 |
| Backtest Orora | | | Orora History | | | Orora Valuation | Previous | Next |
Orora Trading Date Momentum on October 14, 2024
| On October 15 2024 Orora was traded for 2.61 at the closing time. The maximum traded price for the trading interval was 2.64 and the lowest daily price was 2.60 . The daily volume was recorded at 2.1 M. The volume of trading on 15th of October 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.77% . The trading delta at closing time to the closing price today is 0.77% . |
Orora Fundamentals Correlations and Trends
By evaluating Orora'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 Orora's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orora financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orora Stock history
Orora 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 Orora is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orora 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 Orora stock prices may prove useful in developing a viable investing in Orora
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.3 B | |
| Net Income Applicable To Common Shares | 212.5 M | 166.9 M |
Orora Quarterly Net Working Capital |
|
Orora Stock Technical Analysis
Orora 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
Orora Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Orora cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Orora December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Orora stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orora shares will generate the highest return on investment. By undertsting and applying Orora stock market strength indicators, traders can identify Orora entry and exit signals to maximize returns
Orora Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orora's price direction in advance. Along with the technical and fundamental analysis of Orora Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orora 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 | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 6.92 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Orora Stock Analysis
When running Orora's price analysis, check to measure Orora'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 Orora is operating at the current time. Most of Orora's value examination focuses on studying past and present price action to predict the probability of Orora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orora's price. Additionally, you may evaluate how the addition of Orora to your portfolios can decrease your overall portfolio volatility.