Ormat Technologies (Israel) Performance

ORA Stock   26,280  80.00  0.31%   
Ormat Technologies has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of -0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ormat Technologies are expected to decrease at a much lower rate. During the bear market, Ormat Technologies is likely to outperform the market. Ormat Technologies right now holds a risk of 2.0%. Please check Ormat Technologies sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to decide if Ormat Technologies will be following its historical price patterns.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Ormat Technologies are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Ormat Technologies is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Begin Period Cash Flow536.8 M
Total Cashflows From Investing Activities-638.2 M
  

Ormat Technologies Relative Risk vs. Return Landscape

If you would invest  2,550,772  in Ormat Technologies on December 18, 2024 and sell it today you would earn a total of  77,228  from holding Ormat Technologies or generate 3.03% return on investment over 90 days. Ormat Technologies is generating 0.0792% of daily returns assuming 2.0043% volatility of returns over the 90 days investment horizon. Simply put, 17% of all stocks have less volatile historical return distribution than Ormat Technologies, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon Ormat Technologies is expected to generate 2.35 times more return on investment than the market. However, the company is 2.35 times more volatile than its market benchmark. It trades about 0.04 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.02 per unit of risk.

Ormat Technologies Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ormat Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ormat Technologies, and traders can use it to determine the average amount a Ormat Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0395

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Estimated Market Risk

 2.0
  actual daily
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83% of assets are more volatile

Expected Return

 0.08
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99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
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97% of assets perform better
Based on monthly moving average Ormat Technologies is performing at about 3% 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 Ormat Technologies by adding it to a well-diversified portfolio.

Ormat Technologies Fundamentals Growth

Ormat Stock prices reflect investors' perceptions of the future prospects and financial health of Ormat Technologies, and Ormat Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ormat Stock performance.

About Ormat Technologies Performance

By analyzing Ormat Technologies' fundamental ratios, stakeholders can gain valuable insights into Ormat Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Ormat Technologies has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ormat Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, New Zealand, and internationally. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada. ORMAT TECHNOLOGIES operates under Utilities - Independent Power Producers classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 1346 people.

Things to note about Ormat Technologies performance evaluation

Checking the ongoing alerts about Ormat Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ormat Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Ormat Technologies has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 89.0% of the company shares are owned by institutional investors
Evaluating Ormat Technologies' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Ormat Technologies' stock performance include:
  • Analyzing Ormat Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ormat Technologies' stock is overvalued or undervalued compared to its peers.
  • Examining Ormat Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Ormat Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ormat Technologies' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Ormat Technologies' stock. These opinions can provide insight into Ormat Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Ormat Technologies' stock performance is not an exact science, and many factors can impact Ormat Technologies' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for Ormat Stock analysis

When running Ormat Technologies' price analysis, check to measure Ormat Technologies' 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 Ormat Technologies is operating at the current time. Most of Ormat Technologies' value examination focuses on studying past and present price action to predict the probability of Ormat Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ormat Technologies' price. Additionally, you may evaluate how the addition of Ormat Technologies to your portfolios can decrease your overall portfolio volatility.
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