Orvana Minerals Corp Stock Price on October 3, 2024
| ORV Stock | CAD 0.30 0.02 7.14% |
If you're considering investing in Orvana Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orvana Minerals stands at 0.30, as last reported on the 3rd of March, with the highest price reaching 0.31 and the lowest price hitting 0.29 during the day. Orvana Minerals appears to be out of control, given 3 months investment horizon. Orvana Minerals Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0585, which implies the firm had a 0.0585 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Orvana Minerals Corp, which you can use to evaluate the volatility of the company. Please evaluate Orvana Minerals' Coefficient Of Variation of 1709.8, risk adjusted performance of 0.0518, and Semi Deviation of 5.07 to confirm if our risk estimates are consistent with your expectations.
Orvana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Orvana |
Sharpe Ratio = 0.0585
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Estimated Market Risk
| 5.79 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Orvana Minerals is performing at about 4% 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 Orvana Minerals by adding it to a well-diversified portfolio.
Orvana Minerals Valuation on October 3, 2024
It is possible to determine the worth of Orvana Minerals on a given historical date. On October 3, 2024 Orvana was worth 0.4 at the beginning of the trading date compared to the closed value of 0.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orvana Minerals stock. Still, in general, we apply an absolute valuation method to find Orvana Minerals' 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 Orvana Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orvana Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 0.40 | 0.42 | 0.40 | 0.41 | 24,000 | |
10/03/2024 | 0.40 | 0.40 | 0.40 | 0.40 | 6,500 |
| 0.40 | 0.40 | 0.37 | 0.38 | 66,200 |
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Orvana Minerals Trading Date Momentum on October 3, 2024
| On October 04 2024 Orvana Minerals Corp was traded for 0.38 at the closing time. The maximum traded price for the trading interval was 0.40 and the lowest daily price was 0.37 . The daily volume was recorded at 66.2 K. The volume of trading on 4th of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 5.00% . The trading delta at closing time to the closing price today is 0.00% . |
Orvana Minerals Corp Fundamentals Correlations and Trends
By evaluating Orvana Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Orvana Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orvana financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orvana Minerals Stock history
Orvana Minerals 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 Orvana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orvana Minerals Corp 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 Orvana Minerals stock prices may prove useful in developing a viable investing in Orvana Minerals
Orvana Minerals Corp., through its subsidiaries, engages in the exploration, evaluation, development, and mining of mineral properties. Orvana Minerals Corp. is a subsidiary of Fabulosa Mines Limited. ORVANA MINERALS operates under Other Precious Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 710 people.
Orvana Minerals Stock Technical Analysis
Orvana Minerals 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
Orvana Minerals Period Price Range
Low | March 3, 2025
| High |
0.00 | 0.00 |
Orvana Minerals Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Orvana Minerals March 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Orvana Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orvana Minerals shares will generate the highest return on investment. By undertsting and applying Orvana Minerals stock market strength indicators, traders can identify Orvana Minerals Corp entry and exit signals to maximize returns
Orvana Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orvana Minerals' price direction in advance. Along with the technical and fundamental analysis of Orvana Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orvana 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 | 0.0518 | |||
| Jensen Alpha | 0.316 | |||
| Total Risk Alpha | 0.509 | |||
| Sortino Ratio | 0.0513 | |||
| Treynor Ratio | (0.61) |
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Other Information on Investing in Orvana Stock
Orvana Minerals financial ratios help investors to determine whether Orvana 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 Orvana with respect to the benefits of owning Orvana Minerals security.