Orca Energy Group Stock Market Value
| ORC-B Stock | CAD 2.88 0.12 4.00% |
| Symbol | Orca |
Orca Energy Group Price To Book Ratio
Orca Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Orca Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Orca Energy.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Orca Energy on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Orca Energy Group or generate 0.0% return on investment in Orca Energy over 30 days. Orca Energy is related to or competes with Alvopetro Energy, Hemisphere Energy, Canacol Energy, Source Rock, and PHX Energy. Orca Exploration Group Inc. explores for, develops, produces, and sells petroleum and natural gas to the power and indus... More
Orca Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Orca Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Orca Energy Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 18.79 | |||
| Value At Risk | (4.60) | |||
| Potential Upside | 3.94 |
Orca Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orca Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orca Energy's standard deviation. In reality, there are many statistical measures that can use Orca Energy historical prices to predict the future Orca Energy's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | 1.48 |
Orca Energy Group Backtested Returns
Orca Energy Group maintains Sharpe Ratio (i.e., Efficiency) of -0.0495, which implies the firm had a -0.0495% return per unit of risk over the last 3 months. Orca Energy Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orca Energy's Variance of 8.23, coefficient of variation of (2,496), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The company holds a Beta of -0.0846, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Orca Energy are expected to decrease at a much lower rate. During the bear market, Orca Energy is likely to outperform the market. At this point, Orca Energy Group has a negative expected return of -0.15%. Please make sure to check Orca Energy's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Orca Energy Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.47 |
Average predictability
Orca Energy Group has average predictability. Overlapping area represents the amount of predictability between Orca Energy time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Orca Energy Group price movement. The serial correlation of 0.47 indicates that about 47.0% of current Orca Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Orca Energy Group lagged returns against current returns
Autocorrelation, which is Orca Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Orca Energy's stock expected returns. We can calculate the autocorrelation of Orca Energy returns to help us make a trade decision. For example, suppose you find that Orca Energy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Orca Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Orca Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orca Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orca Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Orca Energy Lagged Returns
When evaluating Orca Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orca Energy stock have on its future price. Orca Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Orca Energy autocorrelation shows the relationship between Orca Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Orca Energy Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Orca Stock Analysis
When running Orca Energy's price analysis, check to measure Orca Energy'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 Orca Energy is operating at the current time. Most of Orca Energy's value examination focuses on studying past and present price action to predict the probability of Orca Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orca Energy's price. Additionally, you may evaluate how the addition of Orca Energy to your portfolios can decrease your overall portfolio volatility.