Ortel Communications (India) Price on November 8, 2024
| ORTEL Stock | 1.76 0.10 5.38% |
Below is the normalized historical share price chart for Ortel Communications Limited extending back to March 19, 2015. 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 Ortel Communications stands at 1.76, as last reported on the 29th of November, with the highest price reaching 1.76 and the lowest price hitting 1.76 during the day.
If you're considering investing in Ortel Stock, it is important to understand the factors that can impact its price. Ortel Communications maintains Sharpe Ratio (i.e., Efficiency) of -0.096, which implies the firm had a -0.096% return per unit of risk over the last 3 months. Ortel Communications exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ortel Communications' Variance of 5.57, coefficient of variation of (815.95), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
As of the 29th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 4.3 B, though Total Stockholder Equity is likely to grow to (659.9 M). . Ortel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.5986 | 50 Day MA 1.9702 | Beta 0.61 |
Ortel |
Sharpe Ratio = -0.096
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| Negative Returns | ORTEL |
Estimated Market Risk
| 2.36 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ortel Communications 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 Ortel Communications by adding Ortel Communications to a well-diversified portfolio.
Book Value (23.43) | Enterprise Value 31.3 M | Enterprise Value Ebitda (0.91) | Price Sales 0.0963 | Shares Float 10 M |
Ortel Communications Valuation on November 8, 2024
It is possible to determine the worth of Ortel Communications on a given historical date. On November 8, 2024 Ortel was worth 2.01 at the beginning of the trading date compared to the closed value of 2.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ortel Communications stock. Still, in general, we apply an absolute valuation method to find Ortel Communications' 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 Ortel Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ortel Communications' related companies.
| Open | High | Low | Close | Volume | |
| 2.01 | 2.01 | 2.01 | 2.01 | 1.00 | |
11/08/2024 | 2.01 | 2.01 | 2.01 | 2.01 | 1.00 |
| 2.01 | 2.01 | 1.93 | 1.96 | 8,984 |
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Ortel Communications Trading Date Momentum on November 8, 2024
| On November 11 2024 Ortel Communications Limited was traded for 1.96 at the closing time. The highest price during the trading period was 2.01 and the lowest recorded bid was listed for 1.93 . The volume for the day was 9 K. This history from November 11, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.49% . The trading delta at closing time to the current price is 0.50% . |
Ortel Communications Fundamentals Correlations and Trends
By evaluating Ortel Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ortel Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ortel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ortel Communications Stock history
Ortel Communications 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 Ortel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ortel Communications 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 Ortel Communications stock prices may prove useful in developing a viable investing in Ortel Communications
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 37.9 M | 28.7 M | |
| Net Loss | -197.6 M | -207.5 M |
Ortel Communications Stock Technical Analysis
Ortel Communications 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
Ortel Communications Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Ortel Communications Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Ortel Communications November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Ortel Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ortel Communications shares will generate the highest return on investment. By undertsting and applying Ortel Communications stock market strength indicators, traders can identify Ortel Communications Limited entry and exit signals to maximize returns
Ortel Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ortel Communications' price direction in advance. Along with the technical and fundamental analysis of Ortel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ortel 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 | (0.09) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | (2.00) |
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Other Information on Investing in Ortel Stock
Ortel Communications financial ratios help investors to determine whether Ortel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ortel with respect to the benefits of owning Ortel Communications security.