Investors in Orezone Gold have unfortunately lost 48 percent over the last three years - Yahoo Finance
| ORE Stock | 0.72 0.03 4.35% |
About 54% of Orezone Gold's investors are presently thinking to get in. The current sentiment regarding investing in Orezone Gold Corp stock implies that some traders are interested. Orezone Gold's investing sentiment overview a quick insight into current market opportunities from investing in Orezone Gold Corp. Many technical investors use Orezone Gold Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Orezone |
Investors in Orezone Gold have unfortunately lost 48 percent over the last three years Yahoo Finance
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Orezone Gold Fundamental Analysis
We analyze Orezone Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Orezone Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Orezone Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Orezone Gold is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Orezone Gold Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Orezone Gold stock to make a market-neutral strategy. Peer analysis of Orezone Gold could also be used in its relative valuation, which is a method of valuing Orezone Gold by comparing valuation metrics with similar companies.
Peers
Orezone Gold Related Equities
| IAU | I 80 | 3.85 | ||||
| GGD | GoGold Resources | 3.01 | ||||
| KNT | K92 Mining | 1.78 | ||||
| PRU | Perseus Mining | 0.80 |
Other Information on Investing in Orezone Stock
Orezone Gold financial ratios help investors to determine whether Orezone 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 Orezone with respect to the benefits of owning Orezone Gold security.