OAKRIDGE INTERNATIONAL (Germany) Price on September 28, 2023
| U9O0 Stock | EUR 0.03 0.0005 1.64% |
If you're considering investing in OAKRIDGE Stock, it is important to understand the factors that can impact its price. As of today, the current price of OAKRIDGE INTERNATIONAL stands at 0.03, as last reported on the 23rd of December, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. OAKRIDGE INTERNATIONAL appears to be out of control, given 3 months investment horizon. OAKRIDGE INTERNATIONAL maintains Sharpe Ratio (i.e., Efficiency) of 0.0704, which implies the company had a 0.0704% return per unit of volatility over the last 3 months. By evaluating OAKRIDGE INTERNATIONAL's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please evaluate OAKRIDGE INTERNATIONAL's market risk adjusted performance of 0.1779, and Coefficient Of Variation of 1374.87 to confirm if our risk estimates are consistent with your expectations.
OAKRIDGE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OAKRIDGE |
Sharpe Ratio = 0.0704
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | U9O0 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 10.46 actual daily | 93 93% of assets are less volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average OAKRIDGE INTERNATIONAL is performing at about 5% 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 OAKRIDGE INTERNATIONAL by adding it to a well-diversified portfolio.
OAKRIDGE INTERNATIONAL Valuation on September 28, 2023
It is possible to determine the worth of OAKRIDGE INTERNATIONAL on a given historical date. On September 28, 2023 OAKRIDGE was worth 0.0335 at the beginning of the trading date compared to the closed value of 0.0335. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OAKRIDGE INTERNATIONAL stock. Still, in general, we apply an absolute valuation method to find OAKRIDGE INTERNATIONAL'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 OAKRIDGE INTERNATIONAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OAKRIDGE INTERNATIONAL's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 | |
09/28/2023 | 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
| 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
| Backtest OAKRIDGE INTERNATIONAL | | | OAKRIDGE INTERNATIONAL History | | | OAKRIDGE INTERNATIONAL Valuation | Previous | Next |
OAKRIDGE INTERNATIONAL Trading Date Momentum on September 28, 2023
| On September 29 2023 OAKRIDGE INTERNATIONAL was traded for 0.03 at the closing time. The maximum traded price for the trading interval was 0.03 and the lowest daily price was 0.03 . There was no trading activity during the period 1.0. Lack of trading volume on 29th of September 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 5.97% . The trading delta at closing time to the closing price today is 7.46% . |
OAKRIDGE INTERNATIONAL Fundamentals Correlations and Trends
By evaluating OAKRIDGE INTERNATIONAL'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 OAKRIDGE INTERNATIONAL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OAKRIDGE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OAKRIDGE INTERNATIONAL Stock history
OAKRIDGE INTERNATIONAL 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 OAKRIDGE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OAKRIDGE INTERNATIONAL 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 OAKRIDGE INTERNATIONAL stock prices may prove useful in developing a viable investing in OAKRIDGE INTERNATIONAL
Oakridge International Limited develops Internet of Things technology solutions for consumer, commercial, industrial, and healthcare markets. Oakridge International Limited is based in Mile End South, Australia. OAKRIDGE INTERNATIONAL is traded on Frankfurt Stock Exchange in Germany.
OAKRIDGE INTERNATIONAL Stock Technical Analysis
OAKRIDGE INTERNATIONAL 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
OAKRIDGE INTERNATIONAL Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
OAKRIDGE INTERNATIONAL cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
OAKRIDGE INTERNATIONAL December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how OAKRIDGE INTERNATIONAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OAKRIDGE INTERNATIONAL shares will generate the highest return on investment. By undertsting and applying OAKRIDGE INTERNATIONAL stock market strength indicators, traders can identify OAKRIDGE INTERNATIONAL entry and exit signals to maximize returns
OAKRIDGE INTERNATIONAL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OAKRIDGE INTERNATIONAL's price direction in advance. Along with the technical and fundamental analysis of OAKRIDGE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OAKRIDGE 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 | 0.0669 | |||
| Jensen Alpha | 0.6466 | |||
| Total Risk Alpha | 0.4544 | |||
| Sortino Ratio | 0.0692 | |||
| Treynor Ratio | 0.1679 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for OAKRIDGE Stock analysis
When running OAKRIDGE INTERNATIONAL's price analysis, check to measure OAKRIDGE INTERNATIONAL'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 OAKRIDGE INTERNATIONAL is operating at the current time. Most of OAKRIDGE INTERNATIONAL's value examination focuses on studying past and present price action to predict the probability of OAKRIDGE INTERNATIONAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OAKRIDGE INTERNATIONAL's price. Additionally, you may evaluate how the addition of OAKRIDGE INTERNATIONAL to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |